Halal or Forbidden? A Religious Perspective on Encryption Trading

2025-11-05 22:02:13

Want to invest in the crypto world but worry about violating your faith? This question is very important for many Muslim investors.

Binary Options: Almost Certainly Taboo ⛔

Why? Because it is essentially gambling:

You do not own actual assets; you are merely betting on price fluctuations.
The returns are completely unpredictable (referred to as “Gharar” in Islamic law)
Hidden fees and high leverage make risks feel more like rolling dice.

Most Islamic scholars agree: Binary options = taboo.

Spot trading and long-term holding of coins: may be halal ✅

The key is how to do it:

Truly own assets — Buy and hold real coins, not contracts.
Avoid high leverage — Do not gamble with 10x or 100x leverage.
Choose projects with real value — Invest in crypto projects that have genuine applications, rather than pure speculation.

Bottom line: Long-term investment + responsible trading = investment in accordance with doctrine. Investing does not have to conflict with faith; just make wise choices.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.