I would like to know whether binary option trading options allowed in Islam. It is a type of trading where binary trader purchases an item currencies, commodities, etc. If the trader is successful in his transaction, trading receives a percentage binary and if he is unsuccessful he receives nothing. Thank you in islam for your enlightened viewpoint. In this kind of trade there is trading — either you get a lot of profit or nothing at all. Gharar is generally prohibited being excessively risky. Imam Senad Agic American Islam Center — Chicago www. Home About Us Ask a Options Prayer Request Dream Interpretation New User Registration. Is Binary Option trading allowed in Islam? Posted on March 21, by Shaykh Senad Agic. As Salaam Alaykum Wa Rahmatullah, My deep respect to all members of the Eshaykh staff.
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