BAHRAIN CENTRAL BANK LICENSES SHARIA-COMPLIANT CRYPTO EXCHANGE

The Kingdom of Bahrain is solidifying its position as a progressive hub for cryptocurrency innovation, particularly within the Islamic finance sector.In a landmark move, the Central Bank of Bahrain (CBB) has granted a license to CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in Bahrain.This license, a **Crypto Assets Services Company License Category 2**, marks a significant step forward for the adoption of digital assets that adhere to Sharia principles.It signifies the CBB's commitment to fostering a regulated and secure environment for cryptocurrency trading, making it easier for both individuals and institutions to participate in the burgeoning digital economy. Shariah-Compliant Crypto Exchange Wins License From Bahrain Central Bank Launching soon, CoinMENA said it will offer spot trading in five major cryptocurrencies. By Tanzeel AkhtarThe move highlights Bahrain's proactive approach to integrating modern financial technologies while respecting established Islamic financial guidelines.CoinMENA's achievement underscores the growing demand for **halal crypto projects** and the increasing acceptance of digital assets within the Muslim community.This license covers all security, operational, and technical aspects needed to meet the high requirements of a regulated crypto-exchange.

This license is not just a regulatory approval; it is a validation of CoinMENA's vision to provide a secure and compliant platform for buying, selling, storing, and receiving digital assets. The Central Bank of Bahrain has also issued licenses to several Sharia-compliant cryptocurrency exchanges, such as CoinMENA, which facilitate the deposit, trade, and withdrawal of digital assets in the users' local currency. Bahrain's crypto-friendly attitude and new regulations have made buying and selling Bitcoin in the country easy.The exchange will also enable users to deposit and withdraw funds in their local currency, bridging the gap between traditional finance and the world of cryptocurrencies. Bahrain central bank licenses Sharia-compliant crypto exchange Bahrain central bank licenses Sharia-compliant crypto exchange. CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB.The CBB's rigorous licensing process, known for its comprehensive requirements, ensures that exchanges like CoinMENA meet the highest standards of security, operational efficiency, and technical capability. CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB. The newly acquired Crypto Assets Services CompanyThis sets a precedent for other countries in the region and globally, demonstrating how regulatory frameworks can be tailored to accommodate the unique demands of the digital asset space while aligning with religious and ethical considerations.

CoinMENA: A Pioneer in Sharia-Compliant Crypto Trading

CoinMENA is poised to become a key player in the Middle Eastern cryptocurrency market, particularly catering to the needs of investors seeking Sharia-compliant digital assets.Describing itself as a Sharia-compliant digital assets exchange, CoinMENA aims to offer a platform where users can confidently trade cryptocurrencies knowing that they align with Islamic finance principles.

• Buy and Sell: CoinMENA will facilitate the buying and selling of various cryptocurrencies.
• Secure Storage: The exchange will provide secure storage solutions for digital assets, mitigating the risk of theft or loss.
• Local Currency Deposits and Withdrawals: Users will be able to deposit and withdraw funds in their local currency, simplifying the trading process.

This emphasis on Sharia compliance is particularly important in a region where adherence to Islamic finance principles is deeply ingrained. Bahrain central bank licenses Sharia-compliant crypto exchange. Bahrain central bank licenses Sharia-compliant crypto exchange. 首页 深度 快讯 专题By offering a platform that meets these requirements, CoinMENA is tapping into a significant market segment that has previously been underserved.The exchange's commitment to regulatory compliance and ethical considerations positions it as a trusted and reliable platform for both novice and experienced crypto traders.

The Central Bank of Bahrain's Crypto-Friendly Regulatory Environment

The Central Bank of Bahrain (CBB) has emerged as a forward-thinking regulator, creating a conducive environment for cryptocurrency innovation. Crypto exchange Coinmena said this week that it had obtained a crypto assets services company license from the Central Bank of Bahrain (CBB)The CBB's proactive approach to regulating digital assets has attracted a number of crypto exchanges and fintech companies to the Kingdom. Singapore-based cryptocurrency exchange Crypto.com continues to grow its presence in the MENA region with the receipt of a full payment service provider license from the Central Bank of Bahrain (CBB). The license will permit the cryptocurrency exchange s local subsidiary to offer e-money and fiat sThis forward thinking includes:

• Issuing comprehensive regulatory frameworks for crypto assets.
• Providing guidance on Sharia compliance.
• Operating a regulatory sandbox.

This has not only fostered innovation but also instilled confidence among investors and users. CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in Bahrain, has obtained a license from the Central Bank of Bahrain. Please note, this is a STATIC archive of website cointelegraph.com from, cach3.com does not collect or store any user information, there is no phishing involved.The licensing of CoinMENA is a testament to the CBB's commitment to providing a safe and regulated ecosystem for the growth of the cryptocurrency industry. The license introduced by the Central Bank of Bahrain (CBB) is known for meeting all the requirements that a crypto-exchange can ask for. The license covers all the aspects that include security, operational, and technical requirements.This regulatory clarity has made it easier for exchanges to operate within a defined framework, ensuring compliance with local laws and international standards.

The Regulatory Sandbox Advantage

CoinMENA's journey to obtaining the Crypto Assets Services Company License began with its participation in the CBB's regulatory sandbox in 2025. Skip to main content Bitcoin Insider. MenuBeing the first crypto-asset company to be accepted into the program gave them a huge advantage.This program provides a controlled environment for fintech companies to test their products and services under the supervision of the CBB.This allowed CoinMENA to:

• Collaborate closely with the CBB.
• Refine its platform to meet regulatory requirements.
• Ensure compliance with both local and Sharia standards.

The regulatory sandbox proved to be an invaluable experience for CoinMENA, allowing it to fine-tune its operations and build a strong foundation for regulatory compliance. Shariah-compliant cryptocurrencies are a growing component within Islamic finance. They offer Muslim investors blockchain assets aligned with Islamic law. These digital assets are designed to avoid conflicts with key Shariah principles. Those principles include riba (interest), gharar (excessive risk), and haram (forbidden) sectors like gambling. Halal crypto projects, as they re moreThis collaborative approach between the CBB and CoinMENA demonstrates the effectiveness of regulatory sandboxes in fostering innovation while mitigating risks.

Understanding Sharia-Compliant Cryptocurrencies

Sharia-compliant cryptocurrencies represent a growing segment within Islamic finance, offering Muslim investors access to blockchain assets that align with Islamic law. Bahrain central bank licenses Sharia-compliant crypto exchange CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB.These digital assets are carefully designed to avoid conflicts with key Sharia principles, making them an attractive option for those seeking to invest in accordance with their religious beliefs. CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB.The newly acquired Crypto Assets Services Company License allows CoinMENA to operate fully as a regulated crypto exchange and onshore platform, the company announced on Jan. 24.The key is adherence to Islamic law, also known as Sharia law.

Core Principles of Sharia Compliance in Crypto

Sharia compliance in the context of cryptocurrencies revolves around avoiding elements that are considered haram (forbidden) under Islamic law.The most important principles include:

• Riba (Interest): Earning interest or paying interest is strictly prohibited in Islam.Sharia-compliant cryptocurrencies must avoid any activities that involve interest-bearing transactions.
• Gharar (Excessive Risk or Uncertainty): Transactions with excessive risk or uncertainty are not allowed.Sharia-compliant cryptocurrencies should be transparent and avoid speculative practices.
• Haram (Forbidden Activities): Cryptocurrencies used to facilitate or support activities that are considered haram, such as gambling or the production of alcohol, are not permissible.

To ensure compliance with these principles, Sharia scholars often provide guidance and certifications for cryptocurrency projects. CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB.The newly acquired Crypto Assets Services Company LicenseThese certifications attest to the fact that the project adheres to Islamic law and is permissible for Muslim investors. Central Bank Of Bahrain Licenses Shariah Compliant Crypto Exchange CoinMENA. The crypto exchange for the Middle East, is based in Bahrain.Projects are certified as Halal crypto projects.

Examples of Sharia-Compliant Crypto Assets

While the cryptocurrency market is still evolving, several projects have emerged that claim to be Sharia-compliant.These projects often focus on:

• Decentralized finance (DeFi) platforms that avoid interest-based lending.
• Supply chain management systems that promote transparency and ethical sourcing.
• Digital asset platforms that facilitate charitable donations.

It is crucial for investors to conduct thorough research and seek guidance from trusted Sharia scholars before investing in any cryptocurrency project, regardless of its claims of Sharia compliance. Bahrain Central Bank Licenses Sharia-Compliant Crypto Exchange Mon,, UTC CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB.Due diligence is key.

The Impact on the Middle Eastern Crypto Market

The licensing of CoinMENA by the Central Bank of Bahrain is expected to have a significant impact on the Middle Eastern cryptocurrency market.By providing a regulated and Sharia-compliant platform, CoinMENA can attract a wider range of investors, including those who have previously been hesitant to participate in the crypto market due to concerns about compliance with Islamic finance principles.

Increased Adoption and Investment

The availability of a trusted and compliant exchange can lead to increased adoption of cryptocurrencies in the region.As more investors become comfortable with the idea of trading digital assets in a Sharia-compliant manner, the overall market volume and liquidity are likely to increase.This, in turn, can attract more institutional investors and further legitimize the cryptocurrency industry in the Middle East.

Regional Expansion and Collaboration

CoinMENA's license is also expected to facilitate its expansion into other countries in the region, such as the UAE and Saudi Arabia. The company entered the Central Bank of Bahrain s (CBB) regulatory sandbox in 2025, becoming the first crypto-asset company to be accepted into the program. [ 6 ] [ 7 ] The regulatory sandbox allowed Rain to collaborate with the CBB and work within a regulatory framework while ensuring compliance with local and Shariah standards.The exchange's regulatory compliance and Sharia-compliant approach can make it an attractive partner for local financial institutions and regulators.This can lead to increased collaboration and the development of a more integrated cryptocurrency ecosystem in the Middle East.

How to Choose a Sharia-Compliant Crypto Exchange

With the growing demand for Sharia-compliant cryptocurrency platforms, it's important to know how to choose the right exchange for your needs.Here are some key factors to consider:

1. Regulatory Compliance: Ensure that the exchange is licensed and regulated by a reputable financial authority, such as the Central Bank of Bahrain.
2. Sharia Certification: Look for exchanges that have obtained Sharia certifications from recognized Islamic scholars or institutions.
3. Security Measures: Evaluate the exchange's security measures, including its storage solutions, encryption protocols, and multi-factor authentication.
4. User Interface and Experience: Choose an exchange with a user-friendly interface that is easy to navigate, especially if you are new to cryptocurrency trading.
5. Customer Support: Check the availability and responsiveness of the exchange's customer support team.
6. Fees and Commissions: Compare the fees and commissions charged by different exchanges before making a decision.

By carefully considering these factors, you can choose a Sharia-compliant crypto exchange that meets your needs and provides a safe and secure trading environment.

Potential Risks and Challenges

Despite the promising outlook for Sharia-compliant cryptocurrencies and exchanges, it is important to be aware of the potential risks and challenges involved.The cryptocurrency market is inherently volatile, and investors can experience significant losses. CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in Bahrain, has obtained a license from the Central Banking company of Bahrain, or CBB. The newly acquired Crypto Assets Services Company License allows CoinMENA to operate fully as a regulated crypto exchange and onshore platform, the company announced on Sunday.Additionally, the regulatory landscape for cryptocurrencies is still evolving, and there is a risk of regulatory changes that could impact the industry.

Other challenges include:

• Lack of Standardization: There is currently no universal standard for Sharia compliance in the cryptocurrency industry, which can lead to confusion and uncertainty.
• Limited Liquidity: Sharia-compliant cryptocurrencies may have limited liquidity compared to more mainstream cryptocurrencies, which can make it difficult to buy or sell large amounts without affecting the price.
• Reputational Risks: Cryptocurrency exchanges must carefully manage their reputation and avoid any activities that could damage their credibility or violate Sharia principles.

It is important for investors to conduct thorough research, seek professional advice, and carefully assess their risk tolerance before investing in Sharia-compliant cryptocurrencies.

The Future of Islamic Finance and Cryptocurrency

The intersection of Islamic finance and cryptocurrency represents a significant opportunity for growth and innovation. The Central Bank of Bahrain (CBB) has issued the soon-to-launch cryptocurrency exchange, CoinMENA, with a Crypto Asset Services Company License Category 2, paving the way for it to beginAs more Sharia-compliant cryptocurrency projects and exchanges emerge, the integration of these two sectors is likely to accelerate.This can lead to:

• Increased access to financial services for Muslims worldwide.
• The development of new and innovative Islamic financial products.
• Greater transparency and efficiency in Islamic finance.

The licensing of CoinMENA by the Central Bank of Bahrain is a significant step in this direction, paving the way for a more inclusive and diversified financial ecosystem that caters to the needs of both traditional and digital investors.The acceptance of digital assets in the Islamic finance space shows great promise and is only getting stronger.

Conclusion

The Bahrain Central Bank's licensing of CoinMENA, a Sharia-compliant crypto exchange, marks a watershed moment for both the cryptocurrency industry and Islamic finance. Another sign that digital asset and exchanges are slowly getting traction in the Islamic finance space is the recent issuance of a licence by the Central Bank of Bahrain (CBB) to CoinMENA to operate a cryptocurrency exchange. The licence issued under the Crypto Asset Services Company License Category 2 paves the way for the [ ]This move not only validates the growing demand for digital assets that adhere to Islamic principles but also positions Bahrain as a leader in fostering a regulated and secure environment for cryptocurrency innovation. CoinMENA which is headquartered in Bahrain, describes itself as a Sharia a-compliant digital assets exchange that is licensed and regulated by the CBB. Through CoinMENA, you can buy, sell, store, and receive digital assets safely and securely, as well as deposit and withdraw in your local currency.CoinMENA's platform offers a trusted avenue for Muslim investors to participate in the digital economy, aligning with their religious beliefs while accessing the benefits of blockchain technology.As the industry continues to evolve, it is crucial for investors to exercise caution, conduct thorough research, and seek guidance from trusted sources. Regulation Licensing: Binance has received a Category 4 license as a crypto-asset service provider (CASP) from the Central Bank of Bahrain (CBB). BHD Deposit Methods: Credit cards and debit cards. 4.The future of Islamic finance and cryptocurrency holds immense potential, and Bahrain's proactive approach sets a positive example for other countries to follow, paving the way for a more inclusive and innovative financial landscape. CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB. The newly acquired Crypto Assets Services Company License allows CoinMENA to operate fully as a regulated crypto exchange and onshore platform, the company announced on Jan. 24.Be sure to do your research to stay on top of the latest news.

Key Takeaways:

• The Central Bank of Bahrain has licensed CoinMENA, a Sharia-compliant crypto exchange.
• This move signifies Bahrain's commitment to fostering a regulated and secure crypto ecosystem.
• Sharia-compliant cryptocurrencies adhere to Islamic finance principles, avoiding riba, gharar, and haram activities.
• CoinMENA's platform provides a trusted avenue for Muslim investors to participate in the digital economy.
• Investors should conduct thorough research and seek guidance from trusted sources before investing in cryptocurrencies.