what's Nawa Finance?

Nawa Finance is a Shariah-compliant DeFi protocol built on the Core blockchain, focusing on ethical and transparent yield generation for users adhering to Islamic finance principles. It automates yield farming and liquidity provision while ensuring compliance through audited smart contracts that avoid prohibited elements like interest (riba) and excessive uncertainty (gharar). The protocol enables users to deposit assets into pools that generate returns via halal mechanisms, such as trading fees and sustainable staking rewards, with all operations on-chain for verifiability. Nawa integrates with Core's Bitcoin staking features to unlock DeFi potential for BTC holders in a compliant manner, promoting financial inclusion in the Muslim community.

Protocol reaches $40M Total Value Locked, indicating significant growth in adoption.