Many people think Binary Trading is an easy way to make money โ but from an Islamic perspective, itโs actually similar to gambling.
In binary trading, you donโt own any real asset. Youโre just predicting the price direction โ โWill it go up or down?โ
If your prediction is right, you profit. If itโs wrong, you lose everything.
Thatโs exactly how gambling (Maisir) works โ based on luck, not real trade.
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โ๏ธ Why Itโs Considered Haram:
Involves Gambling (Maisir) โ profit or loss depends on luck.
Full of Uncertainty (Gharar) โ the outcome isnโt clear or guaranteed.
No real ownership of any asset.
It promotes speculation instead of productive trade.
๐ According to Islam, both Binary Trading and Gambling are haram, because they rely on chance, not real business or effort.
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โ Halal Alternatives:
Spot Trading: Buying and holding real crypto assets.
Long-Term Investment: Without leverage or interest (Riba).
Business-based Profits: Earning from real goods or services.
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In short:
Binary Trading = Gambling ๐ฒ
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