KUALA LUMPUR: Luno has become Malaysia's first regulated digital asset exchange to offer a full range of Shariah-certified passive-growth products.
This is after the exchange extends its Shariah compliance to its entire staking suite and the Luno Large Cap Bundle.
The expansion gives Malaysian investors access to a broader range of Shariah-certified digital asset products designed for passive investment growth.
The certification followed a comprehensive independent Shariah review by Sharlife Sdn Bhd, an advisory firm registered with the Securities Commission, on Luno's staking offering for Polkadot, Avalanche, Cosmos and NEAR Protocol.
The four newly certified staking offerings join Ethereum, Solana and Cardano, which Luno's independent Shariah adviser certified between December 2024 and October 2025.
This brings 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.
Luno Malaysia country manager Scarlett Chai said the new compliance enables Muslim investors to 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 one million customers in the country, we are honoured to be the exchange that makes this possible," added Chai.
Sharlife founder and chief executive officer Mohamad Zulhaikal Mat Zukri said the Shariah review examined the relevant contractual arrangements and operational mechanisms of the staking services.
This includes 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.
"Completing certification across the current staking suite is a meaningful step for Islamic fintech in Malaysia," he said.
