Binary option trading

Submitted by admin on Tue, 2017-03-21 08:37

Q: Many people are going binary option nowadays to make money. Is it halaal to trade online through investment in binary options in the stock exchange. It basically is speculation whether or not a commodity will go up or down in the stock exchange. Nowadays the software purchased by yourself will do the speculation for you. Please advise whether this sort of earnings in halaal.

A: Refer to http://muftionline.co.za/node/10346

And Allah Ta'ala (الله تعالى) knows best.

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

Category:

Business and Dealings›Trade›Valid & Invalid transactions

Labels:

binary option trading

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