I want to know if binary options on internet trading broker is Halal?

Nothing is wrong with that. Welcome to Islam SE. Sebagai pelaku bisnis Trading Forex, saya pun dalam beberapa minggu terakhir ini terus mencari dan mengumpulkan informasi terkait permasalahan ini, dan ini yang akan saya share kepada anda hari ini. Sign up using Facebook. Kashif Alim Akhtar 1 1. The fundamental difference between betting and trading is almost same between business and ribah in quran' they said ribahis business, allah said NO Therefore i consoder binary options haram not fatua and to prevent doing things haram i prefer avoid dealing with subjects still in discussion until a real FINAL result or fatua is released Ua allahu aalam Assalami alaikom. Forex Trading itu murni memperdagangkan mata uang asing.

Investing in stock OPTIONS halal? or haram? or ambigious. I have been trading option for almost 10 years now and gone thru: this in details whether it is Halal or not. Unfortunately, none of the Islamic scholars are unable to give me the accurate and correct answer. The reason is most of them have a little knowledge or no knowledge about.

Apa itu Binary Option?

Usury is of course completely prohibited in Islam, and is defined very widely. For a long time, retail Forex brokers reflected the market practice of paying or charging to the trader the interest differential between the two components of any currency pair whose position remains open overnight.

You might ask how they did so and maintained the profitability of their operations. This was achieved by charging increased commissions in spot Forex trades, and this practice has become the hallmark of nearly all Islamic Forex brokers. Arguably, this in itself is just a camouflaged interest component, and if this view is taken, it makes Forex trading problematic according to Islamic law.

The interest problem also eliminates any possibility of trading Forex forwards, as there is always an interest element involved in these transactions.

Having reduced the issue to one of trading spot Forex and assuming there is no interest element deemed to be involved, we move onto the next issue. So clearly, the Prophet Mohammed peace be upon him had in mind exchanges of different types of commodities that would be made between two parties, recognizing that this was a natural and just aspect of commerce.

In fact, one could extrapolate that it was natural and accepted for a deal to made between two different parties. In modern times, it can be argued that in regards to Forex trading, the deal is made between a Forex broker and a trader, so this would qualify under such a definition of two different parties, which would be permissible according to Islamic law.

We would seem to be on solid ground here, as when a trade is made with a Forex broker, it takes effect immediately. Interestingly, this could suggest that all non-market trades i. They are simply speculating that the value of one with go up and the value of another will go down. Is such speculation permissible according to Islamic law?

This is an extremely difficult question to answer and it may be one that should be discussed with your own religious leader rather than being decided base on an internet article. We can start by saying that Islam recognizes that nearly all adult human beings strive to improve their financial positions, and that life involves a large element of uncertainty.

In life we are confronted with many choices, the outcome of which is unclear, and we strive to use intelligence and skill in choosing the available option that will produce the superior outcome. However, we then must go on to say that gambling is strictly forbidden by Islamic law, even as a form of recreation or entertainment when undertaken with small monies which the gambler might be said to be able to afford to lose.

From any side you look at these binaries you can find out this. This kind of trading is not Halal because of what I mentioned. Well, i think binary options IS gambling, there's a thin line between binary options and forex trading gambling and trading binary options are about betting and forex trading is about selling and buying currencies.

In simple and common trading such as trading or buying food the wholesale sellers try to take profit of the market volatility so they try to "predict" proces. But betting you know is to bet is giving money without buying something I consider binary options like betting for football.. The fundamental difference between betting and trading is almost same between business and ribah in quran' they said ribahis business, allah said NO Therefore i consoder binary options haram not fatua and to prevent doing things haram i prefer avoid dealing with subjects still in discussion until a real FINAL result or fatua is released Ua allahu aalam Assalami alaikom.

It is my understanding that for a method to be gambling a stake has to be made which has risk to be lost. In binary trading it is gain or no change ie zero gain; nothing is being lost therefore not gambling in Islam therefore halal. Non Muslims such as HMRC, for tax purposes, classify it as gambling based on behaviour not the exact detail. So in my points here I will never Change Haram thing to halal..! I will simplify my answer in to points:. Thank you for your interest in this question.

Because it has attracted low-quality or spam answers that had to be removed, posting an answer now requires 10 reputation on this site the association bonus does not count. Would you like to answer one of these unanswered questions instead? Questions Tags Users Badges Unanswered. Is Binary Option from an Islamic account No riba and swap-free halal or haram?

Some sites that offer an Islamic account: Mohamed 26 1 1 2. Abu Ziyad 4 I agree, its more gambling than trading. In my country, Ulamas have forbidden this kind of trading. Fatemeh 1, 8 Unless you can demonstrate that Islamic accounts actually sell binary options for zero dollars thus supporting your claim that they're halal because no stake is made this really isn't an answer so much as a hypothetical situation that doesn't really apply in practice.

I will simplify my answer in to points:

What Islam Says on Online Forex Trading

Halal atau Haram? Hukumnya trade Binary Options adalah HARAM. Saya menulis ini atas kekhuatiran saya melihat makin ramai orang Islam kita mula try dan anggap Binary Options ni sama macam forex trading. Is binary options Halal or Haram? Compare Islamic trading accounts and the best Halal brokers on the net's largest resource for Muslim traders. or Islamic, trading accounts. Halal Binary Options Brokers. gestomedula.tk – can’t take a position on whether binary options are truly Halal or Haram, as we are not a religious authority. Hukum Trading Forex Menurut MUI; Halal atau Haram? Mengingat banyaknya yang mempertanyakan apa hukum trading forex menurutIslam (meski sudah banyak dikupas) maka berikut ini saya publish artikel dari Gainscope tentang FATWA MUI TENTANG TRADING gestomedula.tk luar sana berkembang juga pendapat yang bersebarangan dengan fatwa MUI ini di mana mereka tetap berpendirian pada bahwa trading .