News

Bybit Launches Islamic Account, Enabling Shariah-Compliant Trading

Muslim traders can now gain access to a global trading platform that is fully aligned with stringent Islamic legal standards.

Published

6 months ago

September 24, 2024

Nour Nasir

bybit launches islamic account enabling shariah compliant trading

Bybit, the world’s second-largest crypto exchange by trading volume, has unveiled its new Islamic Account, marking it as the first global cryptocurrency platform to provide Shariah-compliant services for Muslim traders. The innovative new account makes cryptocurrency trading more accessible to Islamic communities and ensures that all activity aligns with Shariah law.

The Islamic Account was created in collaboration with ZICO Shariah Advisory Services Sdn. Bhd. (ZICO Shariah) and CryptoHalal, guaranteeing that all Bybit services align with strict Islamic finance standards.

Key Aspects Of Bybit’s Islamic Account Include:

Global Availability: Accessible to users worldwide, except in regions where legal restrictions apply.
Shariah-Compliant Offerings: The platform features spot trading with 75 Shariah-compliant tokens, a DCA trading bot, and a Spot Grid Bot, all adhering to Islamic finance principles.
Double Shariah Certification: Bybit has secured certification from both Crypto Halal and ZICO Holdings, ensuring peace of mind for Muslim traders.

The Islamic economy serves nearly 1.9 billion people globally, with the Islamic finance sector alone valued at an estimated $2.3 trillion. The Middle East, Africa, and South Asia (MEASA) region is at the forefront of this growth, and Bybit’s introduction of a Shariah-compliant platform taps into this rapidly expanding market. The initiative offers Muslim traders a reliable, trustworthy solution to enter the cryptocurrency space without compromising their religious beliefs.

Also Read: Botim Launches MENA’s First-Ever “Send Now, Pay Later” Service

Joan Han, Bybit’s Sales & Marketing Director, expressed the company’s excitement, saying, “We are thrilled to introduce our Islamic Account, which represents a major milestone in our commitment to providing inclusive and accessible trading solutions. By partnering with Crypto Halal and ZICO Holdings, we have ensured that our offerings align with the principles of Islamic finance, empowering Muslim traders to participate in the growing cryptocurrency market”.

Bybit’s Islamic Account reflects the platform’s commitment to inclusivity and diversity, opening doors for Muslim traders and contributing to the global cryptocurrency market’s growth.

News

Samsung To Roll Out One UI 7 Starting April 7

The update will introduce AI-driven tools and Google integration, along with a fresh design and enhanced personalization options.

Published

21 hours ago

March 20, 2025

Nour Nasir

Samsung

Samsung has confirmed that One UI 7 will officially begin rolling out on April 7, bringing a fresh design and enhanced personalization options. This update is tailored for a more intuitive user experience, powered by AI-driven improvements. Initially, One UI 7 will be available in the U.S. on the Galaxy S24 series, Galaxy Z Fold6, and Z Flip6 starting April 10. The rollout will gradually expand to more Galaxy smartphones and tablets in the following weeks.

Refined Design And More Customization

With One UI 7, Samsung is introducing a cleaner, more cohesive look aimed at making customization easier and more intuitive. The home screen, widgets, and lock screen have been redesigned to streamline navigation and personalization.

One standout feature is Now Bar, which provides real-time updates directly on the lock screen. Whether checking workout progress during a run or seeing what’s playing on Galaxy Buds, users can access key information with just a swipe — no need to unlock the phone.

AI-Powered Enhancements For A Smoother Experience

Samsung has integrated AI into One UI 7 to make everyday interactions more seamless and efficient. Galaxy AI helps users complete tasks with minimal app switching, while AI Select suggests relevant actions based on selected content. For instance, users can swipe the Edge Panel and tap the AI Select icon while watching a video to instantly create a GIF.

Writing Assist — a favorite tool for Galaxy users — will now offer automatic text summarization and formatting. Meanwhile, Drawing Assist provides a creative boost by generating visuals from text prompts, images, or sketches. Another highlight, Audio Eraser, allows users to fine-tune video sound by isolating and adjusting different audio elements.

Also Read: Google’s Alphabet To Acquire Cybersecurity Firm Wiz For $32 Billion

Finally, Samsung has added greater integration with Google Gemini. Users can simply activate Gemini and ask, “Find Italian restaurants with outdoor seating that are pet friendly” to get instant recommendations. Natural language search also makes adjusting settings easier — users can now tap the mic icon in Settings and say, My eyes feel tired, to receive suggestions like dimming the screen or enabling Eye Comfort Shield.

Device Compatibility And Rollout Schedule

The One UI 7 update will begin rolling out on April 7, with more devices receiving it in the weeks that follow. Compatible models include the Galaxy S24 series, Galaxy S24 FE, Galaxy S23 series, Galaxy S23 FE, Galaxy Z Fold6, Z Flip6, Z Fold5, Z Flip5, and the Galaxy Tab S10 and Tab S9 series.