Luno gains Shariah certification for all seven staking products
The Malaysia offering’s Large Cap Bundle also received certification after an independent review by Sharlife.
Luno said Shariah certification now covers its seven staking products and Large Cap Bundle in Malaysia, following an independent assessment by Sharlife Sdn Bhd. The advisory firm is registered with the Securities Commission Malaysia.
The latest assessment covered staking services for NEAR Protocol (NEAR), Cosmos (ATOM), Avalanche (AVAX) and Polkadot (DOT). They join three previously certified offerings: Ethereum (ETH), Solana (SOL) and Cardano (ADA). Ethereum staking received certification in December 2024, while certification for Solana and Cardano followed in October 2025, according to Luno.
Sharlife also certified the Large Cap Bundle, which follows the CoinDesk 5 Index offered in Malaysia. Introduced in November 2024 through a partnership with CoinDesk Indices, the product provides exposure to as many as five cryptocurrencies ranked among the largest by market capitalisation. Its portfolio is rebalanced automatically.
Sharlife founder and CEO Mohamad Zulhaikal Mat Zukri said the staking assessment examined contracts and operating arrangements, including transaction validation and reward distribution. For the bundle, the firm reviewed the investment structure, asset selection, rebalancing and Shariah screening. He said the products met the relevant Shariah requirements within the assessment’s scope.
