Investing (SN88) to Launch Shariah-Compliant “S-Model,” Eyes Trillions in Islamic Finance Capital

Investing, the team behind Bittensor Subnet 88, has announced it has begun training a new “S-model” designed to bring Shariah-compliant capital into a specialized edition of its flagship 88 Public Index. The initiative is being developed in partnership with Middle Eastern collaborators and aims to expand access to the platform’s decentralized, AI-driven investment strategies for a global Muslim investor base.

“Working with our friends from the Middle East, addressing demands worldwide, we’ve begun training our S-model, bringing Shariah-compliant capital to a specialized edition of the 88 Public Index,” the subnet posted on X.

What Investing (SN88) Does

For those unfamiliar, Investing operates as a decentralized asset management platform, a community-powered alternative to traditional hedge funds. It leverages a global network of Bittensor miners, both human quant professionals and AI models, that compete to contribute investment strategies across asset classes including TAO staking, U.S. equities, and forex.

These strategies are evaluated, combined, and optimized using modern portfolio theory, CAPM, and efficient frontier allocation. The platform’s flagship products are the 88 Quant Fund, described as the first algo-driven hedge fund on Bittensor powered by the collective intelligence of its miners, and the 88 Public Index, a transparent, investable index derived from the Quant Fund model and executed through partners such as TrustedStake’s AUM app.

The system runs on Bittensor’s decentralized intelligence layer, eliminating single points of failure, reducing reliance on centralized fund managers, and rewarding top-performing strategies in real time.

What Shariah Compliance Means Here

By developing the S-model, Investing is adapting its miner-powered strategies to meet Islamic finance principles, avoiding riba (interest), excessive speculation, and non-halal sectors while maintaining full transparency and decentralization. This opens the door for sovereign wealth funds, family offices, Islamic banks, and retail investors in the Middle East and beyond to allocate capital into the 88 Public Index without compromising their values.

The move aligns with Investing’s stated mission of decentralized capital management and its vision of a more inclusive financial system. It positions Subnet 88 to capture demand for ethical, technology-forward investing in regions where conventional Western finance products often face barriers.

A Massive Market Opportunity

The timing is notable. Global Islamic finance assets stood at approximately $5.2 trillion in 2025 and are projected to surpass $6 trillion by the end of 2026, with strong double-digit growth continuing in the years ahead. Broader forecasts see the Islamic finance market reaching $7.7–10 trillion by 2030–2033, driven by expansion in the GCC states (Saudi Arabia, UAE, and others), Southeast Asia, and emerging African and European markets.

With oil revenues, Vision 2030-style diversification programs, and a young, digitally native Muslim population fueling demand for Shariah-compliant fintech and AI-powered products, the addressable market for compliant, high-performance investment vehicles is enormous and still relatively underserved by decentralized AI-native platforms like Bittensor.

What Comes Next

Details on the S-model’s exact launch timeline, performance benchmarks, and initial capital targets have not yet been disclosed. However, the announcement signals a significant strategic expansion. If successful, it could meaningfully boost assets under management for the 88 Public Index and strengthen Subnet 88’s position as a leader in DeFAI.