The $2B Bitcoin-Staking Platform Solv Debuts the Middle East’s First Shariah-Compliant BTC Yield Offering.

Solv Launches Shariah-Compliant Bitcoin Yield Product for Middle Eastern Investors

Bitcoin staking protocol Solv, which has over $2 billion worth of Bitcoin locked in its platform, announced the launch of its new Shariah-compliant product, SolvBTC.core, on Tuesday. This marks a significant step in expanding investment options for the Middle East’s Bitcoin holders.

The SolvBTC.core is a liquid staking token for Bitcoin, developed in partnership with the Core ecosystem, known for its array of decentralized finance (DeFi) services such as lending, restaking, liquid staking, and decentralized exchanges.

In collaboration with Nawa Finance and accredited by Amanie Advisors for Shariah compliance, the product generates yield by securing the Core blockchain and participating in various on-chain DeFi activities—all while staying in line with Islamic finance principles.

The Solv Protocol enables Bitcoin holders to stake, lend, and earn yields, unlocking the full potential of their BTC holdings. With the introduction of the SolvBTC.core, Middle Eastern investors can now engage directly in the growing Core blockchain ecosystem and generate yield on top of their existing Bitcoin assets.

Ryan Chow, founder of Solv Protocol, highlighted that this new Shariah-compliant product is expected to attract institutional investors from the Middle East, further boosting the region’s participation in digital assets.

“By aligning with regional regulatory frameworks and global financial standards, SolvBTC.core opens doors for sovereign wealth funds and traditional institutions to confidently stake Bitcoin and earn legitimate, on-chain returns. This marks a key development in accelerating institutional adoption of digital assets in the region,” Chow said in a press release.

Shaqir Hashim, core contributor at Nawa Finance, noted that Bitcoin is one of the most widely held assets in countries like Saudi Arabia, the UAE, Pakistan, Nigeria, Indonesia, and Malaysia, and investors are increasingly looking for ways to earn additional yields on their holdings.

“The future lies in yield. At Nawa Finance, we are facilitating this shift by providing Shariah-compliant, value-aligned Bitcoin yield strategies that meet the expectations of both institutional and community investors in these regions,” Hashim explained.