โœ… What is halal trading?

  1. ๐Ÿ“Š Trading in real assets

    โ€“ Like stocks of companies with legitimate activities (Agriculture ๐ŸŒฑ, Industry ๐Ÿญ, Technology ๐Ÿ’ป).

    ๐Ÿ’ฐ Direct buying and selling

    โ€“ To buy and actually own the asset before selling it.

    ๐Ÿ•Œ Without usurious interest

    โ€“ Using Islamic accounts without overnight fees.

    ๐Ÿ“œ Transparency and lack of uncertainty

    โ€“ The contract should be clear and the commodity known.

โŒ What is haram trading?

  1. ๐Ÿ’ณ Margin trading with interest

    โ€“ because it is a usurious loan.

    โš–๏ธ Leverage with a usurious loan

    โ€“ Many platforms provide it in a prohibited manner.

    ๐ŸŽฒ Financial derivatives (Futures, Options)

    โ€“ Similar to gambling and betting.

    ๐Ÿท Prohibited activity companies

    โ€“ Such as alcohol, gambling, or usurious banks.

    ๐ŸŽฐ Random fluctuations (gambling)

    โ€“ A bet without study or basis

๐Ÿค” And what about cryptocurrencies?

  • Halal โœ… if it is:

    • Direct purchase (actually owning the currency ๐Ÿช™).

      Using it for payment ๐Ÿ’ณ or legitimate investment ๐Ÿ“ˆ.

      Without usurious interest โŒ๐Ÿ’ธ.

    Haram โŒ if it is:

    • Just speculative gambling ๐ŸŽฒ.

      Using leverage ๐Ÿ“‰.

      Scam projects ๐Ÿ’€ or worthless currencies.

    • $BTC $BNB $ETH

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