Bybit has launched an Islamic Account designed for Shariah-compliant crypto trading, responding to the rising demand for Islamic finance solutions in the cryptocurrency market.

The account, which was introduced on September 24, 2024, allows Muslim traders to engage in spot trading for 75 cryptocurrencies and utilize trading bots like DCA and Spot Grid Bot. Certified by ZICO Shariah and CryptoHalal, the account ensures compliance with Islamic finance standards.

Bybit aims to cater to the $2.3 trillion Islamic finance sector and promote inclusivity in crypto trading. Additionally, Bybit has received provisional approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to expand its services in the region.