Binary Trading Halal Or Haram

Binary Trading Halal Or Haram 3,9/5 7812 votes

Binary options are traded through websites such as www.anyoption.com, www.startoption.com etc. I just want to know that weather Binary option it is permissible in Islam or not. The trading system is like, if you think that the price of a selected market such as 'FTSE100' or 'Barclays' will go. Binary options are traded through websites such as www.anyoption.com, www.startoption.com etc. I just want to know that weather Binary option it is permissible in Islam or not.

  1. Binary Trading Halal Or Haram Live
  2. Binary Options Halal Atau Haram

1 minute binary option trading halal or haram. I' m a Hindu by religion but I have read many things about Islam it is somewhere written that est trading when done physically on the spot is Halal and permissible. Forex trading is haram halal in islam - Best ea forex ever On. As the Haram population represents a quarter of forex world' s.

Haram

The trading system is like, if you think that the price of a selected market such as 'FTSE100' or 'Barclays' will go up or down. If your prediction or your study is correct, then you get a fixed return such as 69% - 81% or if your wrong you get a return of either nothing or up to 15%. The trading it self is based on timing and accuracy, so the option can be expired in 30 mins, 1 hour, 1 day, 1 week, 1 month or 1 year. Now i know that betting is haram in Islam, and I also know this as well that prediction is not premissionable. But is BINARY OPTION it self a trade or gambling. Please i want know from some Islamic scholars or maybe a trader who knows stock trading as well as Islam as well.

I would really appreciate that. And it might help other people as well. Best Answer: From my understanding all futures trading is haram, in the sense that no trade is permissible unless both parties buyer and seller agree to the buy and sell rate in advance, if the price is not set and subject to variation then the trade is not permissible to protect against losses beyond means (leading to indebtedness, etc.). Trading in it self is allowed as at the time of buying both parties set the agreed price in relation to bid/ask values. Same exists at time of selling. The difference between a binary option is that unlike a trade it is a deal with a bookmaker/broker, in that if you are right you get a certain return, if you are wrong you lose the money, with the odds set by the bookmaker or broker in favour of the brokerage (they make money if the majority lose it). At no time you as the owner of the position able to set or negotiate the price.

Binary Trading Halal Or Haram Live

The presence of the broker as a price fixer with respect to gains and losses to my understanding make it more like gambling than trading. This is a very interesting question and i may be wrong, i am just explaining to the best of my understanding. A lot of interested traders are asking themselves the question if you can really make money with binary options? The answer is that you can indeed make money in binary options trading. Learn here Obviously this is a perfectly legitimate question considering that most people have not traded binary options in the past and generally believe that investing is a very difficult activity. However, you will have to put an effort into it. You will have to learn money management, reading of charts as well as the usage of indicators. How to trade gold forex

Binary Options Halal Atau Haram

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