Nawa Finance Secures Shariah Certification and Strategic Partnerships at ZIGChain Summit 2025

Dubai, UAE, April 28th, 2025, Chainwire

Nawa Finance, the first decentralized protocol built to unlock Shariah-compliant yield and liquidity solutions for the DeFi ecosystem, has reached a pivotal milestone at the ZIGChain Summit 2025, held at the Al Habtoor Grand Resort in Dubai. The company has formalized a strategic partnership with Amanie Advisors, a global leader in Shariah advisory services, and secured a strategic investment from top industry players, including ZIGLabs, Disrupt.com, Solv Finance, and Core Ventures.

A Milestone Partnership with Amanie Advisors

Nawa Finance's sharia-compliant DeFi protocol has gone live on Core and received official Shariah certification from Amanie Advisors, marking the world’s first Shariah-compliant Bitcoin DeFi (BTCfi) solution. The certification was a culmination of an exhaustive review of Nawa's protocol, ensuring compliance with Islamic finance principles, particularly the prohibition of interest (riba) and speculation (gharar).

“This certification marks a major leap forward for inclusive and values-based finance on Bitcoin,” said Syakir Hashim, Core Contributor at Nawa Finance. “By aligning our protocol with both DeFi innovation and Islamic Finance principles, we’re building trust with underserved communities who have historically sat on the sidelines of crypto, or more specifically DeFi.”

During the ZIGChain Summit, Nawa Finance and Amanie Advisors formally signed the partnership agreement, further solidifying their shared commitment to inclusive and ethical finance.

Maya Marissa Malek, CEO of Amanie Advisors, celebrated the moment, saying, "We’re proud to be guiding Nawa Finance on its Shariah journey. Their mission aligns with our belief that ethical finance should be at the heart of innovation. Today's signing reflects a shared vision for integrity, inclusion, and long-term impact."

Strategic Investment and Ecosystem Expansion

Nawa Finance has secured investment from Disrupt.com, ZIGLabs, Solv FinanceBTC, and Core DAO, all of which recognize the immense potential in Nawa’s vision of bringing Shariah-compliant decentralized finance to global markets. A mere two weeks in operation, the protocol already has $15 million in total value locked and plans to expand its reach by deploying on ZIGChain in the coming months.

Additionally, Nawa’s commitment to growth is bolstered by the formal backing of ZIGChain, with Abdul Rafay Gadit, Co-founder of ZIGChain, remarking, "At ZIGChain, we believe that decentralized finance must evolve to serve diverse cultures and value systems. Nawa Finance exemplifies this vision, and we are honored to support their growth and host this pivotal moment at the ZIGChain Summit."

A Global Shift Towards Ethical DeFi

This Shariah certification is a critical step towards meeting the growing demand for digital financial tools that align with Islamic values. With over 2 billion Muslims worldwide, Nawa Finance is uniquely positioned to unlock new opportunities for ethical DeFi participation in a rapidly evolving ecosystem.

About Nawa Finance

Nawa Finance is a decentralized finance protocol built for the Bitcoin ecosystem, offering ethical, Shariah-compliant alternatives to traditional DeFi. Its BTCfi stack enables transparent, riba-free access to digital financial services such as yield-earning, liquidity provisioning, and capital deployment—designed to serve Muslims and values-driven users globally.

About Amanie Advisors

Amanie Advisors is a global Shariah advisory firm headquartered in Kuala Lumpur with offices across the Middle East, Europe, and Asia. The firm is led by globally recognized Shariah scholars and financial experts, providing end-to-end certification and advisory services for Islamic financial products, including fintech and blockchain solutions.

Users can visit: www.nawa.finance

For media inquiries: team@nawa.finance

Contact

Nawa Finance
team@nawa.finance