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The question

What is the ruling on trading in the Forex market and binary options, given that it is done without the use of leverage or overnight fees, and relies on studying and analyzing the market?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Binary options contracts are based on ambiguity (gharar) and risk. The reliance of the contracting party on market study and analysis does not negate their gambling nature.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
185938
Imported
Translation status
Source text, unreviewed
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