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ForexAugust 21, 20261 min read

Is Binary Options Trading Haram?

Binary options are widely treated as maysir: a yes/no bet on price. Why this is asked despite being a common ‘scam’ SERP.

Short answer: Binary options pay a fixed amount if a price bet is right — classic maysir. Most scholars who address them prohibit them. Related: options · CFDs. Not a fatwa.

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This article is educational and not a fatwa.