TimesTabloid
2025-09-25 07:02:30

Central Bank of Bahrain: XRP Is Compliant to Shariah

Crypto commentator Pumpius recently drew attention to an important development for XRP. Sharing documents, he highlighted that the Shariyah Review Bureau, licensed by the Central Bank of Bahrain, has confirmed that XRP can be deemed Shariah compliant. The document, titled “Sharia Analysis Ripple,” contains a section called “Shariah Opinion” that evaluates the XRP Ledger and its native token. According to the analysis, the XRP Ledger is described as an open-source blockchain where XRP functions as the native token. It emphasizes XRP’s role in facilitating cross-border transactions, explaining that Ripple developed the ledger to enable payments between banks worldwide. The Shariyah Review Bureau stated that XRP can serve as a bridge between difficult-to-match fiat currencies, making it Shariah-compliant. Central Bank of Bahrain’s Shariyah Review Bureau has confirmed it: $XRP is COMPLIANT for their purposes. Ripple’s rails aren’t just fast, they’re crossing every regulatory and regional barrier. THIS IS BIG! $XRP pic.twitter.com/9WfcZQ1yPh — Pumpius (@pumpius) September 21, 2025 Implications for Financial Transactions This confirmation holds weight because it opens the possibility for broader adoption of XRP in regions where compliance with Islamic finance principles is essential. Many financial institutions in Muslim-majority countries require verification from licensed Shariah advisors before engaging with new financial instruments. The endorsement by the Shariyah Review Bureau, which operates under the Central Bank of Bahrain, provides formal validation that XRP may be used in financial operations without conflicting with Shariah principles. Pumpius commented on this outcome, saying, “Central Bank of Bahrain’s Shariyah Review Bureau has confirmed it: $XRP is COMPLIANT for their purposes. Ripple’s rails aren’t just fast, they’re crossing every regulatory and regional barrier. THIS IS BIG! $XRP.” His statement reflects how this decision could remove a significant barrier for financial institutions in the Middle East and beyond that operate under Islamic banking standards. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP Community’s Reaction The post drew responses from several community members who recognized the significance of the ruling. An account named XRPToTheMoon stated , “If true, huge. The Shariyah law does not permit many types of bank-to-bank transactions with the Western world on the SWIFT messaging system.” This remark underlines how the decision could position XRP as a practical alternative for financial transfers where SWIFT’s mechanisms might face restrictions under Islamic law. The Shariyah Review Bureau’s endorsement situates XRP within a framework that could appeal to Islamic financial institutions seeking efficient digital payment solutions while remaining compliant with Shariah law. For Ripple , this recognition underscores the versatility of its technology and its potential alignment with regional financial systems that adhere to specific religious guidelines. While the immediate impact remains to be seen, the confirmation provides XRP with credibility that could influence adoption in markets where Shariah compliance is a mandatory requirement. The combination of cross-border functionality, regulatory recognition, and religious validation positions XRP in a unique place within the global digital asset ecosystem. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Central Bank of Bahrain: XRP Is Compliant to Shariah appeared first on Times Tabloid .

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