In today’s fast financial world, “quick money” promises are everywhere — especially with binary trading and crypto trading. But for a Muslim investor, the first question is:
👉 Is it Halal or Haram?
🔸 Why Binary Trading is Haram? 🎲
Gambling (Maisir): Just guessing whether the price will go up or down — without owning the asset — is gambling.
Uncertainty (Gharar): The entire system is based on speculation, which Islam prohibits.
Interest & Hidden Charges (Riba): Many platforms add hidden fees or interest.
⚠️ Verdict: According to most scholars, binary trading is not permissible in Islam — it resembles gambling.
🔸 Crypto Spot Trading – Halal with Conditions 🌐
Not all crypto trading is haram. It can be halal if you:
✅ Actually buy and own the asset (spot market).
✅ Avoid leverage, margin, and interest-based loans.
✅ Invest only in genuine, transparent coins/projects.
✅ Trade in a clear and fair manner.
📌 Conclusion:
Binary Trading = Haram ❌
Crypto Spot Trading = Halal (if Islamic conditions are followed) ✅
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