Home » Hanafi Fiqh » Muftionline.co.za » Binary Options Trading: Halal or Haram?
Q: Is trading using binary option on any thing from currencies to commodities halaal or haraam? Please could you let me know on this issues?
A: 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:
Mufti Ebrahim Salejee (Isipingo Beach)
This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.
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