Is Binär Optionen Trading Halal Huhn

lately I discovered the Binary Option system, with a little bit of research I found companies who offer an Islamic Account to trade. However when I searched on the internet to find if this kind of trades is Halal or Haram, I found myself stuck between two opinions, some say that it is halal if you avoid trading in currencies, you trade just in commodities (gold, silver, oil), stocks (Facebook, Amazon, Apple) and indices, and some say that it is Haram. The problem is that no one is talking about the Islamic account itself, whether it makes any difference or not. Some sites that offer an Islamic account: Could anyone please help me with this Well, i think binary options IS gambling, theres 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. Binary options. is betting wethere bulling or bearing Forex trading: is buying and selling currencies with the hope that you earn money As i mentioned above, if we talk about fundamentals about trading, theres a very thin thin difference between betting and trading. 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 answered Dec 13 16 at 9:45 It is interesting to note that claims of 100 are made by those who can not justify it. 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. answered Sep 18 16 at 15:04 Unless you can demonstrate that Islamic accounts actually sell binary options for zero dollars (thus supporting your claim that they39re halal because no stake is made) this really isn39t an answer so much as a hypothetical situation that doesn39t really apply in practice. ndash goldPseudo 9830 Sep 19 16 at 0:11 Al hamdu Lellah wa asalatu wasalam ala raoulelah, in my view, as for all muslims Buying and Selling is NOT haram, But Al Riba is haram (as the Quran says). So in my points here I will never Change Haram thing to halal. nor vice versa. I will simplify my answer in to points : What you buy you should be able to touch or hold in your hand or be in your AC To Buy Stocks. its a tangible item. to buy Gold its Tangible. any commodity will be tangible. So you GOT to touch it, in order to own it. Trading in commodities or Stocks are not allowed (Haram) bcz you cannot hold it, then you sell it. its not possible - you just dont even see it. Trading in Currencies is Halal and allowed in islam, because you can see it coming in to your AC and stored there, you can withdraw it anytime and touch it or hold it 100. Because its currency of other countries same as exchange outlets which is spread over the islamic world and halal 100. Second to point 4, the give and take or sell and buy is done on the same session (same time when the trade ends, its in your balance instantly) and this balance BELONGS only to you, you can withdraw anytime. Islamic AC should be Free of the following. A. Interests on Trades. B. Swap interests on overnight trades (Rollover). C. Deposit Bonus (Which is added without sense) Ribah. D. No Deposit Bonus (Which is added without need to deposit usually). E. Hidden Fees you dont realize. F. Leverage (the riser of funds as loan from Banks to your AC) If you have your ac islamic means free of the above, Provided that you Trade ONLY in Currencies exchange, means it will be Halal to practice. Wallahu AAlam. Another point: Binary options or Forex Trading are NOT Gambling, why. Because gambling has 3 conditions: 1. Pay for something symbolic like Marks to play with (literally something without any value). 2. Get your Play or cards flip or Roulette Turn. 3. Get a Prize for your play (determined by the Casino) But in Trading. you are Buying an item or Currency of REAL Value. Opening a position (Selling it or Buying it with a real contract) and winning sale price on the spot after sale and its in your AC. so its totally different and Halal. Wallahu AAlam. answered Jul 15 16 at 20:18Halal Binary Options and Islamic Trading Accounts Is Binary Options Halal and compatible with Islamic traditions This has become an important question for prospective Muslim options traders as the financial industry has become available to everyone through online trading accounts. Here we look at the implications of Sharia Law on binary options trading and whether it is 8220Halal8221 or 8220Haram8221. The development of online trading in the financial industry in the last two decades has opened up new horizons for retail traders of all races and creed. With one quarter of the worlds population being Muslim, it is inevitable that more and more Muslim traders will join the online Islamic binary options trading scene. In Islamic economic jurisprudence or Shariah law, charging Riba or interest is forbidden and is considered as a major sin. Many brokers in sensing an opportunity that will benefit them as well as their Muslim traders came up with the idea of 8220Halal8221, or Islamic, trading accounts. Halal Binary Options Brokers in Ukraine These brokers are marketing themselves as Halal and compatible with Islamic tradition and Sharia Law. Risk Free Trades Is Binary Options Halal or Haram The life of a Muslim is guided by Sharia Law. Sharia is actually an old Arabic word meaning 8220 pathway to be followed 8220. A Muslim is expected to abide by the Islamic principles covering all aspects of their life from social matters to economic matters that were expounded in the holy Koran. In the area of banking and investments, Sharia law strictly forbid the lending of money with interest. Investments in the Muslim world are instead governed by the concept of risk sharing through principles such as Bai8217 al 8216inah (sale and buy-back agreement), Bai8217 bithaman ajil (deferred payment sale), Bai8217 muajjal (credit sale), Bai salam, Mudarabah (Profit Sharing), Murabahah and Musawamah. When Sharia law is applied to Binary options trading, this means interest that is earned or charged for an overnight position is prohibited as well. In the spot financial markets, trading is done on a 24 hours basis. By 5 pm New York time, all open market positions are then rolled over to the next 24 hours cycle. Daily interest is then added to the brokers account. Regardless of whether the binary broker debits or credits their clients accounts with the interest like forex brokers, the fact that interest is earned or payable during a trading transaction makes the trade haram to Muslim. This situation puts Muslim traders on a collision course with their religious beliefs. Islamic Trading Accounts In order to overcome this dilemma, some innovative binary options brokers have come up with the idea of an Islamic trading account or Swap Free account that eliminates Riba of any form during trading. For example, instead of having an open market position rolled over automatically making overnight interest payable, open positions in Islamic trading accounts are closed by 5 pm New York time and then reopen immediately hence avoiding any interest payable for the fresh 24 hour cycle. For a broker to be able to claim that they offer trading accounts based on Islamic principle, these accounts must satisfy at least the following conditions: Immediate execution of trades Immediate settlement of transactional cost No interest payable on trades To help traders in their selection of brokers that offer Islamic trading accounts, we have compiled a list of leading binary brokers that offer Islamic trading accounts. It should be noted that the list above is by no means exhaustive but is just a guide. Other considerations If someone used a Halal binary options account, but had little or no knowledge of what or how to trade, then they would be using binary options to gamble 8211 and this would certainly be Haram. Only the individual trader can know whether this is the case. There is also a view that because each contract or trade must have a 8216winner8217 and a 8216loser8217, this means that binary options cannot be Halal, as it is not possible for all parties to profit, or extract value, from the trade. While some brokers will offer 8220Islamic8221 accounts, and take steps to ensure they are run to islamic principles, there will always be some who view the entire concept of binary options as Haram. Please note that this site 8211 binaryoptions 8211 can8217t take a position on whether binary options are truly Halal or Haram, as we are not a religious authority on the subject. It appears that it might also be dependent on the skills of the individual trader, thus in reality making it impossible for us to give advice on the matter. See the references below for further clarification. References and Further ReadingIf by quothalalquot you mean the Islamic concept of anti-usury, that is quotshare equitably in risk and return, quot then my lay understanding that options are in the same category as all insurance. Consider this - with debt, the borrower is obliged to pay regardless of what fate otherwise befalls him. That is why it is haram. But with proper halal investing, the investor and the operator share the same fate. In this context, it appears that ALL options are a form of insurance. And if insurance is understood as mutual protection, then it would appear to be halal. Here039s the key idea - we must first agree that the 1 risk of losing 100 is just 1. Those two outcomes are equivalent. So one party to an insurance transaction gets quot1quot for sure. The other party, because it is their risk-averse preference, gets quot1 chance of 100.quot Those two outcomes are economically equivalent and therefore fair. Now a small point of commercial law. In venture capital investing, the parties pursue a new business. That creates risk, but risk with a socially beneficial upside. So it is good. In insurance, the risk already exists. For example, just by owning a home, one is at risk of fire, flood and liability. So insurance simply shares those prior risks. But in gambling, there is not social gain, nor is there an already existing risk. Therefore ventures and insurance are sound, while gambling is not. I hope this is of some use to the one who asks. 3.8k Views middot View Upvotes middot Not for Reproduction Thank you for asking me to answer your question, my answer may or may not help you. There are lots of traders from the Middle East, Indonesia and other Muslim countries so if it were to be a problem on religious grounds or against the law, I would doubt to see so many Muslim traders. That said, Binary Option trading isnt to be taken lightly, the rewards can be great, but if not done with caution and knowledge, so will be the losses. It has already disappointed a lot of people, but that has less to do with it being Binary Options but more to do with the people trying it not taking it serious and willing to understand it has more complexity hidden behind it apparent simplicity Like any form of trading, you need background, education and knowledge to be successful, albeit much less than trading forex. Unfortunately the BO trading industry isnt regulated very well opening it up for dishonest people and it takes a lot of effort to find real and genuine traders with real strategies that do work. We have a website and a blog. and a private and closed Consulting group to help traders with analysis, trading techniques and hot tips to become successful and profitable. 733 Views middot Not for Reproduction middot Answer requested by Mohammed Ali Faysal Rahman. I have been trading Binary options for the past 3 years. According to Islamic law, any kind of lottery, gambling is Haram. Binary Options can be compared to Gambling. Because its like betting. You can win or lose. I see many people trading from KSA, Qatar, Kuwait or even from UAE. They are big traders with bulk cash. No problem with the law. 723 Views middot Not for Reproduction middot Answer requested by Khalik PratamaBinary options alex nekritin pdf method Work if youve looked. From volatility trading method: strategies in family planning scottrade stock trading stocks to win money from these tips. Date skrill is futures of trading alerts uk approved options tutorial pdf killer candle candle binary options. 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