Is Binary Option Trading Halal or Haram

In Binary Options you are not buying a real stock or selling that stock to another person. You are betting whether the stock price will be higher or lower than the point that you entered.

The only reason Binary Options is technically Haram is because once you deposit money into the account, and then bet on an asset without actually holding it and if lose your bet, you lose money …

Long story short, it’s haram/kosher because it’s not real. More Religious Matter Guide in CCP fb Group

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