Shariah-Compliant
Perpetual Futures
Trade Bitcoin perpetuals with zero interest parameter (ι = 0), mathematically proven on-chain. No riba. No hidden fees. Full Islamic finance compliance.
Why Baraka?
Zero Interest (ι = 0)
The Baraka funding rate is F = (Mark − Index) / Index with no interest floor or riba component — proven from Ackerer, Hugonnier & Jermann (2024).
Shariah Guard
Every position is validated on-chain before execution. Max 5× leverage. Assets require Shariah board approval stored on IPFS.
Full Transparency
All 8 contracts are verified on Arbiscan. No proxies, no admin backdoors, no upgradeable contracts — Shariah principle of no hidden changes.
Insurance Fund (Takaful seed)
A dedicated on-chain insurance fund absorbs bad debt. 50% of liquidation penalties go to the fund — no yield generated on idle capital.
FUNDING RATE FORMULA (ι = 0)
No interest floor. No riba component. Proven from Theorem 3, Ackerer, Hugonnier & Jermann (2024).