Luno, Malaysia’s leading digital asset exchange, today announced that its entire staking suite and the Luno Large Cap Bundle are now Shariah-compliant, making it the country's first regulated digital asset exchange to offer a full range of Shariah-certified passive-growth products to Malaysian investors.
The certification followed a comprehensive independent Shariah review by Sharlife Sdn. Bhd. (Sharlife), a Shariah advisory firm registered with the Securities Commission Malaysia, on Luno’s staking offering for Polkadot (DOT), Avalanche (AVAX), Cosmos (ATOM) and NEAR Protocol (NEAR), ensuring Shariah compliance.
The four newly certified staking offerings join Ethereum (ETH), Solana (SOL) and Cardano (ADA), which Luno's independent Shariah adviser certified between December 2024 and October 2025, bringing all seven of Luno’s staking wallets under Shariah certification.
In the same review, Sharlife certified Luno’s Large Cap Bundle, which tracks the CoinDesk 5 Index available in Malaysia, as Shariah-compliant. Launched in November 2024 in partnership with CoinDesk Indices, the bundle gives customers exposure to up to five of the largest cryptocurrencies by market capitalisation in a single, automatically rebalanced portfolio.
This milestone means Malaysian Muslim investors can now stake, bundle, and hold digital assets on Luno, with the assurance that the platform has independently assessed every passive-growth product against Shariah requirements.
Luno’s Country Manager for Malaysia, Scarlett Chai, said, “When we certified Ethereum staking as Shariah-compliant in December 2024, we made a commitment to expand our Shariah-compliant range so that every Malaysian could invest with assurance. Today we deliver on that promise. Every staking wallet and our Large Cap Bundle are now certified, which makes Luno the first regulated exchange in Malaysia where Muslim investors can grow their digital asset holdings passively without compromising their beliefs.”
“Malaysia pioneered the modern Islamic finance industry, from the first Islamic bank in 1983 to the world’s first green sukuk. It is only right that Malaysia also leads in bringing digital assets within reach of Islamic finance. With over 1 million customers in the country, we are honoured to be the exchange that makes this possible, and we will keep working with our Shariah advisers to bring new assets and products under certification as we grow,” added Chai.
Sharlife founder and CEO Mohamad Zulhaikal Mat Zukri commented, “Our Shariah review examined the relevant contractual arrangements and operational mechanisms of the staking services, including how transactions are validated and rewards are distributed. For the Large Cap Bundle, we assessed its investment arrangement, asset selection and rebalancing mechanisms, including the applicable Shariah screening process. Based on the scope of our assessment, we found the reviewed products to be consistent with the relevant Shariah principles and requirements. Completing certification across the current staking suite is a meaningful step for Islamic fintech in Malaysia.”
“Muslim investors have long asked for clarity on whether digital asset products are permissible. Luno’s decision to put its entire passive-growth range through independent review, rather than a single product, sets the standard that other platforms in the region should follow,” added Zulhaikal.
From Islamic banking to digital assets, Malaysia leads the way
Shariah-compliant digital asset products are a natural next chapter in Islamic finance, where Malaysia has pioneered and led globally. Luno’s certification brings crypto staking and index-tracking bundles to a market where nearly half of all financing and nearly two-thirds of the capital market already operate on Shariah principles.
In December 2024, Luno became the world's first regulated digital asset exchange to offer Shariah-certified Ethereum staking, followed by Solana and Cardano in October 2025. Today’s certification completes the suite less than two years after that first milestone.
Product / Digital Assets | Indicative Annual Reward | Launched | Shariah-compliant Status |
Luno Large Cap Bundle | Tracks index | 21 Nov 2026 | Yes – 10 Nov 2026 |
Avalanche (AVAX) | Up to 4.5% | 22 Jan 2026 | Yes – 10 Nov 2026 |
Cosmos (ATOM) | Up to 11% | 15 May 2025 | Yes – 10 Nov 2026 |
NEAR Protocol (NEAR) | Up to 7% | 29 Apr 2025 | Yes – 10 Nov 2026 |
Polkadot (DOT) | Up to 7% | 22 Apr 2025 | Yes – 10 Nov 2026 |
Solana (SOL) | Up to 5% | 31 Jul 2024 | Yes – 23 Oct 2025 |
Cardano (ADA) | Up to 3% | 22 Feb 2024 | Yes – 23 Oct 2025 |
Ethereum (ETH) | Up to 4% | 26 Jan 2024 | Yes – 5 Dec 2024 |
About Luno
Luno is a leading global cryptocurrency investment app on a mission to upgrade the world to a better financial system. Since its founding in 2013, Luno has become a leader in responsible crypto education and investment, introducing over 13 million people to crypto. Luno is available across Asia and Africa.
Luno offers products and services that make it safe and easy to buy, store and learn about cryptocurrencies like Bitcoin and Ethereum. In Malaysia, Luno is a leading digital assets exchange and the first to be regulated by the Malaysian Securities Commission, offering customers and institutions a safe and secure platform to start investing in cryptocurrencies.
More info: https://www.luno.com/en-my/
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