‎❌ Short Answer: Polymarket is NOT permissible in Islam.

‎No sugarcoating. No “gray area.” If you’re Muslim and serious about halal earnings, Polymarket is a hard NO.

‎🔍 What Is Polymarket?

‎Polymarket is a prediction market where users bet money on future events:

  1. ‎Elections 🗳️

  2. ‎‎Wars 🌍

  3. ‎‎Crypto prices 📉📈

  4. ‎‎Social or political outcomes

‎You put money on an outcome.

‎If you’re right, you profit.

‎If you’re wrong, you lose.

‎

‎That’s not “investing.” That’s betting.

‎

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🎰 Core Islamic Issue: Qimār (Gambling)

‎Islam strictly prohibits Qimār — gaining money based on chance, speculation, or zero-sum games.

‎Polymarket checks every single gambling box:

  1. ‎❌ Money is staked

  2. ‎‎❌ Outcome is uncertain

  3. ‎❌ One party wins at the expense of another

  4. ‎❌ No real asset or productive value

‎

‎Allah says clearly:

‎> “O you who believe! Intoxicants, gambling, idols, and divining arrows are abominations from the work of Satan.”

‎(Qur’an 5:90)

‎

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‎Polymarket fits this verse perfectly.

‎📉 “But It’s Based on Information & Analysis” — Weak Excuse

‎Let’s kill this argument fast.

  1. ‎Using data ❌ does NOT make gambling halal

  2. ‎Skill ❌ does NOT change the ruling

  3. ‎Calling it a “market” ❌ does NOT change reality

‎

‎Poker also uses skill.

‎Sports betting also uses analysis.

‎Still haram.

‎

‎If profit depends on being right about an uncertain future event, it’s gambling. Period.

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‎💰 Another Problem: Haram Wealth

‎Money earned from Polymarket is:

  1. ‎❌ Not tied to real economic activity

  2. ‎❌ Extracted from others’ losses

  3. ‎❌ Spiritually impure

‎‎Islam doesn’t just care how much you earn — it cares how you earn.

‎Barakah > Fast money.

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‎🧠 Psychological & Ethical Damage

‎Beyond fiqh, Polymarket:

  1. ‎Feeds addiction 🔁

  2. ‎Normalizes speculation over productivity

  3. ‎Encourages obsession with crises, deaths, and chaos

  4. ‎Profiting from wars, disasters, or political instability is ethically ugly, even outside Islam.

‎✅ Halal Alternatives (Do This Instead)

‎If you want legit, halal income:

  1. ‎📊 Real trading (spot crypto with real assets, not betting)

  2. ‎🧠 Skills-based freelancing

  3. ‎🏗️ Building products or services

  4. ‎📈 Halal investing with ownership & risk-sharing

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‎No shortcuts. No excuses.

‎🛑 Final Verdict

Polymarket is gambling.

‎Gambling is haram.

‎Therefore, Polymarket is haram for Muslims.

‎If someone tells you otherwise, they’re either:

‎Ignorant

‎Chasing quick money

‎Or twisting religion to justify desire

‎

‎Choose deen over dopamine.

‎Choose barakah over bets. 🕌✨

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