Binary trading
Question
Is trading using binary option on any thing from currencies to commodities halaal or haraam? Please could you let me know on this issues?
Answer
Refer to http://muftionline.co.za/node/1381 and http://muftionline.co.za/node/10346
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Zakaria Makada
- Checked & approved by
- Mufti Ebrahim Salejee (Isipingo Beach)
Fatawa SA is an independent, read-only index of fatawa already published by Mufti Online — Madrasah Ta'leemuddeen. It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.