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<ul> 
 <li>SRB, licensed by the Central Bank of Bahrain, affirms XRP’s Shariah compliance.</li> 
 <li>The declaration boosts XRP’s global appeal, especially in Shariah-centric financial markets.</li> 
 <li>SRB’s endorsement is based on rigorous research and adherence to Shariah principles.</li> 
</ul> 
<p>The Shariyah Review Bureau (SRB) has officially declared Ripple’s XRP token as Shariah-compliant, according to Twitter user EDO FARINA of Alpha Lions Academy. This endorsement, coming from an institution licensed by the Central Bank of Bahrain, carries immense weight, especially for financial markets that prioritize Shariah principles.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/RIPPLE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#RIPPLE</a>, <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> and SAUDI ARABIA <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1f8-1f1e6.png" alt="🇸🇦" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>SRB works with Financial Institutions <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3e6.png" alt="🏦" class="wp-smiley" style="height: 1em; max-height: 1em;"> seeking SHARIA compliance for businesses around the world <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f310.png" alt="🌐" class="wp-smiley" style="height: 1em; max-height: 1em;"> , licensed by the CENTRAL BANK OF BAHRAIN <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1e7-1f1ed.png" alt="🇧🇭" class="wp-smiley" style="height: 1em; max-height: 1em;"> has released a paper <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4dd.png" alt="📝" class="wp-smiley" style="height: 1em; max-height: 1em;"> on the <a href="https://twitter.com/hashtag/XRPL?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRPL</a> concluding “$XRP can be deemed Shariah compliant.” <a href="https://t.co/goEIxJSZvT" rel="noopener noreferrer nofollow">pic.twitter.com/goEIxJSZvT</a></p>— EDO FARINA 🅧 XRP (@edward_farina) <a href="https://twitter.com/edward_farina/status/1691396100752629761?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 15, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>SRB, known for its rigorous standards and meticulous research, has released a paper detailing its findings on the XRP Ledger. The conclusion is clear: XRP aligns seamlessly with the Shariah guidelines and principles as adopted by the scholars involved in this research.</p> 
<p>This declaration not only bolsters XRP’s reputation but also opens doors to a broader global market, particularly in regions where Shariah compliance is paramount. Financial institutions worldwide that seek to align their operations with Shariah standards will now view XRP with renewed interest.</p> 
<p>Looking ahead, the future of Ripple and XRP in the crypto space seems brighter than ever. With SRB’s endorsement, XRP is poised to further solidify its position as a frontrunner in the cryptocurrency market, especially in regions emphasizing Shariah-compliant financial solutions.</p> 
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<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/xrp-gets-the-green-light-from-srbs-shariah-compliance-review/">XRP Gets the Green Light from SRB’s Shariah Compliance Review</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

XRP Gets the Green Light from SRB’s Shariah Compliance Review

Crypto News Land

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