Binary options bonus halal

AnyOption. Anyoption are no longer accepting new clients for binary options trading. For a list of alternative brokers, and full comparison reviews, visit our brokers page. Alternatively, these are our Top 3 brokers based on Ratings: Anyoption were established in 2008 and the platform is operated by Ouroboros. The company is regulated by (the Cyprus Securities Exchange Commission) – license no. 18712. Anyoption represent one of the largest binary options brands in the sector. They were one of the first to enter the binary market, and offer an advanced trading platform for binaries and other innovative derivatives. Price data is delivered via Reuters and trading is available on hundreds of assets including commodities, forex, indices and stocks. Support is offered 24 hours a day, and in a range of languages. The firm have also sought to get a license for them to offer portfolio advice – the first on the binary firms to receive this. The Anyoption trading platform has a distinct look and feel. The more familiar green and red trading buttons have be replaced by simple ‘Call’ and ‘Put’ buttons.

This clear “ Anyoption ” feel still delivers a simple and easy to use platform, as well as some advanced features. The range of trading options are listed along the top of the trading area. The choices of specific assets are then listed from a drop down menu beneath. Multiple trading windows give traders the ability to trade on more than one assets at a time. Each window shows a price chart – which can be changed to suit the trader. Plus the windows displays the expiry time, current asset price and the returns. Amending the trade size will automatically update the returns information. Traders have additional choices of lower payouts in exchange for a rebate on losing trades. Overall, the trading area is clear, and unobtrusive. The configuration is flexible enough to suit most traders and the unique look and feel reduces the hectic nature of some trading platforms. Anyoption currently offer risk free trades for new sign ups.

Deposit match bonuses are being restricted by the regulator () due to the often misleading terms and conditions. Risk free trades are much more favourable for the trader to get a feel for the platform and – hopefully – some additional trading funds if the risk free trade wins. Anyoption offer some unique trading options when compared to other binary options brokers. In addition to regular option, the firm also provide interesting variations Binary Options – The standard UpDown options. Will the underlying rise in value, or drop? One Touch – These trades operate on a weekly expiry but offer high payouts, often only available here. These trades are often available ‘out of hours’ too. Option+ – This is a feature that allows options to be closed early, either to lock in profits, or reduce losses. Binary 0-100 – The 0-100 setup enables traders to buy and sell options almost like an exchange. This form of trading can provide huge returns (up to 1000%) or small rewards for low risk options. Specials – These offer trading on specialist assets, or underlying classes not normally available – Bitcoin for example. Bubbles – The newest innovation from Anyoption.

Bubbles allows traders to select a finishing ‘bubble’ where they expect the price to finish at expiry. Depending on where the bubble is placed, the payout will change. (Screenshot below) The mobile app delivers a slick trading experience. Labelled “Anyoption, Anywhere”, it offers a well presented and well laid out platform, making it easy to use. As with the main website, the look and feel remains simple, but distinctive. The trading buttons are similar to those on the main site, and are still just as easy to use on smaller screens. The app has been developed for both android and iOS with features and options designed for each platform, to utilise the strengths of each operating system. iPad and iPhone users will therefore see some unique touches that ensure they get the most out of their mobile device. Real time trading is presented across all the usual asset types (commodities, FX, indices and equities). Prices can be updated as many times as necessary. The app is free to use and download and does not contain any ads. In addition to the standard features, the developers have also ensured that all account management services can be carried out from the mobile app too. This has not always been possible with other broker trading applications.

A lot of time and effort has gone into the Anyoption App, and it delivers a great user experience. Top marks. Anyoption deliver copy trading via their CopyOp Social trading platform. This platform allows traders to monitor the trading performance and history of other traders, and to copy their trades. This means each time the trader who is being copied opens a new position, so too will the trader who is copying. The investment level can be amended to suit. So a trader with $100 in their account, could still copy a winning CopyOp trader who was opening trades for thousands of dollars. The smaller account would simply allocate a pro rata amount of their own balance. So if the copied trader used 5% of their balance on a trade, the copying trader would also invest 5% of the amount they allocated to copy with. Binary options offer an ideal vehicle to use copy trading, because the higher volume trading will not suit every trader. They may be short of time for example. Copy trading allows them to follow successful traders, while still managing risk. Here is a short copy trading tutorial video, explaining the concept of social trading: Payouts. Payouts at Anyoption range between 70-75%. As ever, the actual figure will change based on the asset and the expiry time selected.

One other attractive element is the fact that traders can choose to get up to 15% loss protection, meaning that even in the event of a trade ending up out of the money, the trader will still get back 15% of the capital used in the trade. This percentage return is one of the highest in the industry. This ‘insurance’ does impact that headline payout rate though, so traders need to bear that in mind when comparing other brokers. AnyOption offers binary options in more than 50 different underlying assets, spread across currencies, stocks, stock index futures and commodities. The asset index is as follows: 1) Currencies: All the major pairs are available (USD, EUR, GBP, JPY etc), many 24 hours a day, 5 days a week. In addition to the ‘majors’, some of the currencies classed as ‘minor’ are also available. 2) Equities: The list of stocks available to trade is extensive. All major corporations are available, from both the US and Europeans markets. 3) Commodities: Copper, gold, oil and silver are all available to trade. 4) Indices: Major indexes such as DAX, Dow Jones, NASDAQ100, S&P500 and FTSE100 are listed.

Plus other related markets such as the VIX (US Volatility Index) are also included here. The expiry times that traders can set when trading binary options range from 15 minutes up to ‘End of Week’, including the popular ‘End of Day’ timeframe which attracts lots of tailored strategies. Floating option types are also offered on a selective basis, allowing traders to close out trades that are in the money manually without waiting for them to expire. Trading Requirements. In order to trade binary options on the AnyOptions trading platform, the trader has to sign up account online, login, and submit documents as proof of identification and residence, then fund the account using one of the several methods available (creditdebit cards, Paypal, Ucash, etc). The binary options trading platform is available in eight languages. This gives open participation to traders from all over the world. With the demand for binary options investments increasing, a large number of dishonest brokers have surfaced leading to questions being raised about the prominent and well-known brokerages such as AnyOption too. AnyOption is a legitimate binary options broker licensed in Cyprus and is regulated by the respected Cyprus Securities and Exchange Commission along with several other regulatory authorities. AnyOption is regarded as one of the pioneers in binary options trade and was established in 2008. AnyOption has the privilege of being associated with Shay Ben Asulin who is regarded as the pioneer of online trading in binary options and is a partner at AnyOption. Anyoption do not generate a lot of complaints.

The credentials required to make a deposit and withdrawal can sometimes cause frustration, but these steps are normally in place in order to protect the trader. The processes are much the same at any creditable broker. The lack of short term binary options sometimes draws complaints. The shortest expiry on offer is 15 minutes. At other brokers, “Turbo” options are available, which are often under 2 minutes in duration, sometimes as low as 30 seconds. So this is a potential area of improvement for Anyoption to work on. A lack of short term options may not be an issue for everyone however. Anyoption review – Conclusion. Anyoption deliver an excellent trading platform, and that is backed up with an equally good mobile app. As one of the pioneers of binary trading, they continue to improve the offering – the most recent addition being the new “Bubbles” option type which is unique in the industry at present. The news of a granted “ portfolio management ” license from is another interesting first. No other binary firm has got this license, and it is another sign of them trying to lead the way. The CopyOp arm of the brokerage delivers social trading, allowing novice trades to copy other profitable traders – and those winning traders get to increase their profits at the same time. They are regulated by , and registered with other European regulators, and they generate very few, if any, complaints.

The lack of short term expiries may put off some traders, but in general they offer a very good service and can be used with confidence. Ayrex Broker Review 2017. Binary Options Guru. DE Traders 70+ Assets 1-2 Day Payouts Mobile Friendly Low Min. Trade. Established in 2014 and based in St Kitts and Nevis, the Ayrex trading platform is a proprietary platform as opposed to the white label versions used by many other brokers. Currently the broker is not regulated however their representatives make assurances that they will be regulated by (Cyprus Securities and Exchange Commission). With 90,000 traders already using the platform, Ayrex is doing well despite their lack of regulation. Their website is very transparent and everything from trading to the bonuses offered are explained in detail, along with term and conditions. They offer a comprehensive customer support service and are available 24 hours a day, 5 days a week. They are also the only broker to offer an Islamic account for Muslims that follows Sharia law. With a substantial education centre including an explanation of binary options trading, a how to guide, a platform menu and glossary of terms, Ayrex are keen to offer you a good trading experience providing everything you need to trade successfully with low deposit and low trading amounts. An account can be opened with as little as $5 which is great for those starting out. Learn what this broker has to offer you.

In this Ayrex review you will discover: Why Ayrex is a popular choice with over 90,000 traders already trading online What features and perks they offer that set them apart from the competition What types of accounts and also trading types you can use to your advantage. You won't find a menu of accounts that offer a whole of host of benefits which vary depending on how much you are willing to deposit like you will with most other brokers. There are no fancy menus of gold, silver, bronze, diamond, platinum, VIP etc. With Ayrex there is just one account which can be opened with as little as $5, with a minimum trade of just £1. This makes trading accessible for all and not just for those who are willing to risk a minimum of $250. You decide how much you want to deposit. Anything below $100 does not attract a sign-up bonus however for those who deposit a minimum of $100 there is a deposit bonus of between 10-30%, it is up to the individual how much they deposit and how much deposit bonus they are awarded. One thing that does set Ayrex apart is the fact that they are the first binary options broker to offer an Islamic account that is fully compliant with Sharia law. Muslim traders can trade without any hidden interest rates or other hidden fees or costs. Their custom "halal" platform, as they call it, is designed specifically for Muslim traders. Trade Types And Payouts. Ayrex offer 3 different types of options to trade on, with 70 assets available.

The number of tradable assets has recently increased to 70 from 35 with the addition of 35 assets in the summer of 2016. Also known as a CallPut option the HighLow option is predicting whether the price of the asset will go higher or lower than the opening price. It is currently one of the most popular options for many traders. The menu of Short Term options includes the shortest at 30 seconds with 1, 2, 3 and 5 minutes options also available. These have a much quicker turnaround and preferred by traders who like to do their trading in a short period of time or for those that are looking to make lots of money quickly. To select the expiration time the trader clicks on the tabs above the Call and Put buttons. This is a very quick way for you to get an education in trading but like anything where there are wins there may also be losses. It is also great for trading on particular assets. If an asset is rising on strong market news short term options are a great way to make successful trades whilst the going is good. TouchNo Touch Options. This type of option is requires the trader to predict whether or not the asset will touch the target price before the expiration time. The options available with this particular type of trade are Below, Touch Below, Touch and No Touch. Again this is great if there is a strong trend with a particular asset.

Each of the above options are available for early closure which means that if you decide you want to close the trade at any specific point you just click the close button and any profits are credited to your account. Payouts that can be expected are a maximum of 85% with many payouts averaging at between 70% and 80%. Latest Winning Trades. Bonuses And Promotions. There aren't a huge range of bonuses available. There are deposit bonuses of between 10% and 30% but the only other bonus that we could find was a $30 no deposit bonus which can be traded and turned into a $200 bonus that is eligible for withdrawal. In terms of other promotions Ayrex offer something called a Binary Blast demo contest. Binary Blast is an ultra speed trading contest featuring eight traders. The contest takes place over an hour with the trader with the biggest balance at the end of the hour winning a cash prize. This contest happens 3 times a week with $100 cash prize that the lucky winner can withdraw. As well as having an app which is available to download on both iOS and Android, the Ayrex website is fully mobile responsive.

Simply enter the site and create an account then start trading. You don't have to try and navigate your way around a complicated website that is crammed onto a mobile screen as the Ayrex mobile platform is both easy to read and easy to navigate. This mobile trading platform is ideal for those who wish to trade on the move. As long as you have your mobile device to hand you can trade wherever you are. Should you need support you can simply open up a chat box right there on your mobile screen. In fact the trading platform on the mobile website means you may not want to download the app instead preferring to trade on the website. Deposits And Withdrawals. Credit cards, wire transfer, e-wallets and other forms of online payment can all be used to deposit funds into an Ayrex account and it only requires a minimum of $5 to open an account and start trading. One of the pitfalls of trading can sometimes be the amount of time that a trader has to wait to receive their funds. At the point of requesting the withdrawal to the money finally being credited it can often take 3-5 working days. They are proud to offer commission free, automatic withdrawals which are instantly processed and validated using a two step authentication process.

Whilst evaluating this broker we had no withdrawal problems. Perhaps the most unique feature of the Ayrex platform is the option to open an Islamic account for those who follow Sharia law. This account has its own "halal" trading platform which has been specifically designed and developed for Muslim traders. There is also a demo account, available to all traders, which is open at weekends when the real markets are closed. You can use the platform to trade in the week and practise at the weekend. Education is also something that Ayrex offer with content aimed at new traders on their "What you need to know before getting started" page. They also have other useful information and advice including a glossary, an economic calendar showing what is going on in the world and trading signals. Expert Broker Reviews. Customer support is available 24 hours a day, 5 days a week and they promise an immediate response to questions and queries. This is an important service to get right when trading can happen at such a fast pace in real time and they don't disappoint with emails being answered in minutes. For those who prefer the live chat option you can open up a chat box and communicate with someone in real time.

They aren't hiding themselves away either as they have a Facebook and Twitter page with a Google Plus page to allow users to receive up to the minute news. Ayrex has developed its own platform with the trader in mind and also used the initiative to appeal to untapped markets or markets that haven't been catered for by anyone else. In this case it is with the offering of an Islamic account. They have bucked the trend by offering instant withdrawals, removing the frustration of having to wait for your money and they have focused on what the customer wants and needs. Despite the fact that they are unregulated they are thriving in this marketplace with a healthy client base and a growing popularity. Their website is clear, concise and there is nothing "hidden". Ayrex seems to be exactly what they say they are without pretending to be something they are not. Reviewed by: BinaryOptionsExpert. net. Is Ayrex legit? Will they scam me? Whilst established in 2014 they are yet to be regulated although their representatives make assurances that regulation is imminent. Despite this they seem to be a popular broker with over 90,000 traders on their platform and growing web traffic. One thing that does stand out with this broker is their absolute transparency when it comes to the website, they are very detailed about their offering. Do they have a decent mobile or tablet app?

The Ayrex platform is available both with a fully responsive mobile website and an app for both Android and iOS. The mobile website is designed for trading on the move so one may argue that the app doesn't offer anything different however like anything this will be down to personal preference with apps offering notifications and not requiring the user to log in every time they visit. What is good is that you have the choice. What bonus do they offer for new traders? Ayrex offer the trader a deposit bonus of between 10% and 30% depending on how much you wish to deposit. Other than that there is a $30 bonus that can be turned into a withdrawable $200. What they also offer is a contest that is run 3 times a week where 8 traders trade against each other for an hour with the winner (the person who has the biggest balance) winning a cash prize of $100 which is withdrawable. Can I start trading on a free demo account? Ayrex do offer a demo account which is also available outside of trading hours at the weekend. The demo account is clearly accessible and you simply click the demo button and you are ready to go with $1000 of virtual money to practise trading with. The demo platform allows novice traders to get to grips with the platform before they part with any real funds and in addition it also allows experienced traders to get familiar with the platform. What's the minimum deposit and trade amount?

There isn't a menu of accounts with lots of different benefits and features which depend on how much you deposit. You can open an account with a minimum deposit of $5. With $5 and minimum trades of a dollar the inexperienced trader can use the demo account to practise before trading on the live platform without risking a substantial amount of money. Be mindful though that particularly in the early stages you won't get much for $5. Our Top Recommended Broker. Popular DE Brokers Robot Traders No Deposit Best Bonuses Demo Accounts Signal Services Mobile Apps Tournaments Managed Accounts Platform Types VIP Accounts Markets Forex Trading Crypto Trading CFD Trading Reviews Brokers ExpertOption Olymp Trade Ayrex IQ Option Raceoption Finrally Binomo Binary. com Binarymate BDSwiss EmpireOption 24option Stockpair TopOption Boss Capital IG Index anyoption Banc de Binary uBinary Opteck Robots BinaryOptionAutoTrading BinaryOptionsRobot. com iBinaryOptionRobot OptionRobot. com Automated Binary Guides Binary 101 Top 10 Tips Trading Scams Reading Charts Asset Types Trade Types Regulation Call Vs Put Binary Vs Forex method Tips Glossary Terms Infographics World Africa South Africa Asia India Indonesia Japan Philippines Singapore Thailand Turkey Europe Germany Russia Spain Switzerland Italy United Kingdom North America Canada United States South America Argentina Brazil Oceania Australia More News Site. Popular DE Brokers Robot Traders No Deposit Markets Forex Trading Crypto Trading CFD Trading Reviews IQ Option Olymp Trade ExpertOption More News Site Sitemap About. Copyright © 2017 - BinaryOptionsExpert. net. Risk Warning: The financial products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. * Amount to be credited only for a successful investment. Binary Options Brokers With Halal Islamic Accounts.

Many people who enjoy binary options trading are of the Muslim faith, so it is easy to see why one of the main questions raised about trading with brokers is whether or not it is something that is compatible with Muslim traditions. The increase in online trading has only served to raise the profile of the issue of whether or not this activity is Haram or Halal, since around a quarter of the global population is currently Muslim. Those who follow the Islamic faith must follow Sharia Law which governs all aspects of life from economic issues to social matters. When it comes to finance and banking, it is forbidden by Sharia Law to charge interest or "Riba" as it is considered to be a sin. Instead, Halal investments are led by a "risk sharing" concept using the principles of Bai’ al ‘inah (which is a sale and buy back agreement), Bai’ muajjal (which is a credit sale), Bai’ bithaman ajil (or deferred payment sale), Bai salam, Mudarabah (or profit share), Musawamah and Murabahah. Binary Options Brokers. How Does Sharia Law Apply To Binary Options Trading? When it comes to trading in binary options, Sharia Law requires that no interest can be charged or earned on an overnight position. However, with trading being done on a 24 hour basis, usually daily interest is added to a broker's account, and whether or not the broker then credits or debits the trader's account with interest, the very fact that this interest is payable or earned in a trading transaction results in the trade being Haram in a Muslim's eyes. To make trading accessible to Muslim clients, many brokers have now developed a Swap Free account which eliminates the concept of Riba from trading. Instead of using an automatically rolled over open market position which would make overnight interest payable, with this account type, any open position is closed by 17:00 New York time and reopened again immediately, thus avoiding paying any interest on the new 24 hour cycle. An Islamic account must meet these conditions: Immediate trade execution Immediate transaction cost settlement No payable interest on trades. It is important to note however that some Muslims still consider trading to be Haram as they believe it to be gambling. Also, as every trade or contract must have a loser and a winner, some Muslims think that as both parties cannot make a profit from the trade it is also not a suitable activity under Sharia Law.

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Your capital is at risk. Trading in Forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss. The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement. Binary Options Brokers. About ForexTrading. Company. Forex Trading. Company was established to provide global traders a deep and insightful source of information on forex trading, its key strategies and indicators.

With guides for everyone from beginner traders in Bangladesh to advanced strategists in Hong Kong we want the world trading community to benefit from our in-depth broker reviews, features, and commentary. We list the world's top regulated and authorised brokers suitable for a global audience. We aim to think global, act local with our website, so that whether you're in Asia, Europe or Africa you can gain from our content on the world's biggest market. Halal Binary Options and Islamic Trading Accounts. Is Binary Options Halal and compatible with Islamic traditions? This has become an important question for prospective Muslim options traders as the financial industry has become available to everyone through online trading accounts. Here we look at the implications of Sharia Law on binary options trading and whether it is “Halal” or “Haram”. The development of online trading in the financial industry in the last two decades has opened up new horizons for retail traders of all races and creed. With one quarter of the world’s population being Muslim, it is inevitable that more and more Muslim traders will join the online Islamic binary options trading scene. In Islamic economic jurisprudence or Shariah law, charging “Riba” or interest is forbidden and is considered as a major sin. Many brokers in sensing an opportunity that will benefit them as well as their Muslim traders came up with the idea of “Halal”, or Islamic, trading accounts. Halal Binary Options Brokers.

These brokers are marketing themselves as Halal and compatible with Islamic tradition and Sharia Law. Is Binary Options Halal or Haram? The life of a Muslim is guided by Sharia Law. Sharia is actually an old Arabic word meaning “ pathway to be followed “. A Muslim is expected to abide by the Islamic principles covering all aspects of their life from social matters to economic matters that were expounded in the holy Koran. In the area of banking and investments, Sharia law strictly forbid the lending of money with interest. Investments in the Muslim world are instead governed by the concept of “risk sharing” through principles such as Bai’ al ‘inah (sale and buy-back agreement), Bai’ bithaman ajil (deferred payment sale), Bai’ muajjal (credit sale), Bai salam, Mudarabah (Profit Sharing), Murabahah and Musawamah. When Sharia law is applied to Binary options trading, this means interest that is earned or charged for an overnight position is prohibited as well. In the spot financial markets, trading is done on a 24 hours basis. By 5 pm New York time, all open market positions are then rolled over to the next 24 hours cycle. Daily interest is then added to the broker’s account. Regardless of whether the binary broker debits or credits their clients’ accounts with the interest like forex brokers, the fact that interest is earned or payable during a trading transaction makes the trade “haram” to Muslim.

This situation puts Muslim traders on a collision course with their religious beliefs. Islamic Trading Accounts. In order to overcome this dilemma, some innovative binary options brokers have come up with the idea of an Islamic trading account or “Swap Free” account that eliminates Riba of any form during trading. For example, instead of having an open market position rolled over automatically making overnight interest payable, open positions in Islamic trading accounts are closed by 5 pm New York time and then reopen immediately hence avoiding any interest payable for the fresh 24 hour cycle. For a broker to be able to claim that they offer trading accounts based on Islamic principle, these accounts must satisfy at least the following conditions: Immediate execution of trades Immediate settlement of transactional cost No interest payable on trades. To help traders in their selection of brokers that offer Islamic trading accounts, we have compiled a list of leading binary brokers that offer Islamic trading accounts. It should be noted that the list above is by no means exhaustive but is just a guide. Other considerations. If someone used a Halal binary options account, but had little or no knowledge of what or how to trade, then they would be using binary options to gamble – and this would certainly be Haram. Only the individual trader can know whether this is the case. There is also a view that because each contract or trade must have a ‘winner’ and a ‘loser’, this means that binary options cannot be Halal, as it is not possible for all parties to profit, or extract value, from the trade. While some brokers will offer “Islamic” accounts, and take steps to ensure they are run to islamic principles, there will always be some who view the entire concept of binary options as Haram. Binary options bonus halal Get via App Store Read this post in our app!

Is Binary Option from an Islamic account (No riba and swap-free) halal or haram? lately I discovered the Binary Option system, with a little bit of research I found companies who offer an Islamic Account to trade. However when I searched on the internet to find if this kind of trades is Halal or Haram, I found myself stuck between two opinions, some say that it is halal if you avoid trading in currencies, you trade just in commodities (gold, silver, oil), stocks (Facebook, Amazon, Apple) and indices, and some say that it is Haram. The problem is that no one is talking about the Islamic account itself, whether it makes any difference or not. Some sites that offer an Islamic account: Could anyone please help me with this? The problem with Binary options(also options and futures) is that you don't directly deal with the underlying item. You never become the owner of the underlying item. Instead you are betting on the way the underlying item's price moves. If you predict the movement correctly you get money and if you predict wrong you lose money. So I think it is pure gambling.

Binary option is not Haram essentially. I don't know how much you have studied this system, but please note that in this system 30 percent of the people will get rich and about 70 percent will lose. From any side you look at these binaries you can find out this. This kind of trading is not Halal because of what I mentioned. In my country, Ulamas have forbidden this kind of trading. Well, i think binary options IS gambling, there's a thin line between binary options and forex trading (gambling and trading) binary options are about betting and forex trading is about selling and buying currencies. Binary options : is betting wethere bulling or bearing Forex trading: is buying and selling currencies with the hope that you earn money As i mentioned above, if we talk about fundamentals about trading, there's a very thin thin difference between betting and trading. In simple and common trading (such as trading or buying food) the wholesale sellers try to take profit of the market volatility so they try to "predict" proces. But betting you know is to bet is giving money without buying something I consider binary options like betting for football .. The fundamental difference between betting and trading is almost same between business and ribah (in quran' they said ribahis business, allah said NO) Therefore i consoder binary options haram (not fatua) and to prevent doing things haram i prefer avoid dealing with subjects still in discussion until a real FINAL result or fatua is released Ua allahu aalam Assalami alaikom. It is interesting to note that claims of 100% are made by those who can not justify it. It is my understanding that for a method to be gambling a stake has to be made which has risk to be lost.

In binary trading it is gain or no change ie zero gain nothing is being lost therefore not gambling in Islam therefore halal. Non Muslims such as HMRC, for tax purposes, classify it as gambling based on behaviour not the exact detail. Al hamdu Lellah wa asalatu wasalam ala raoulelah, in my view, as for all muslims Buying and Selling is NOT haram, But Al Riba is haram (as the Quran says). So in my points here I will never Change Haram thing to halal. nor vice versa. I will simplify my answer in to points : What you buy you should be able to touch or hold in your hand or be in your AC To Buy Stocks.. it's a tangible item. to buy Gold it's Tangible. any commodity will be tangible ! So you GOT to touch it, in order to own it. Trading in commodities or Stocks are not allowed (Haram) bcz you cannot hold it, then you sell it . it's not possible - you just don't even see it . Trading in Currencies is Halal and allowed in islam, because you can see it coming in to your AC and stored there, you can withdraw it anytime and touch it or hold it 100%. Because it's currency of other countries same as exchange outlets which is spread over the islamic world and halal 100%. Second to point 4, the give and take or sell and buy is done on the same session (same time when the trade ends, it's in your balance instantly) and this balance BELONGS only to you, you can withdraw anytime. Islamic AC should be Free of the following : A. Interests on Trades. B. Swap interests on overnight trades (Rollover).

C. Deposit Bonus (Which is added without sense) Ribah. D. No Deposit Bonus (Which is added without need to deposit usually). E. Hidden Fees you don't realize. F. Leverage (the riser of funds as loan from Banks to your AC) If you have your ac islamic means free of the above, Provided that you Trade ONLY in Currencies exchange, means it will be Halal to practice. Wallahu A'Alam. Another point: Binary options or Forex Trading are NOT Gambling, why ? Because gambling has 3 conditions: 1. Pay for something symbolic like Marks to play with (literally something without any value). 2. Get your Play or cards flip or Roulette Turn. 3. Get a Prize for your play (determined by the Casino) But in Trading . you are Buying an item or Currency of REAL Value. Opening a position (Selling it or Buying it with a real contract) and winning sale price on the spot after sale and it's in your AC. so it's totally different and Halal. Wallahu A'Alam. There is so many stories about betting in Islam about different stuffs but not for trading and betting is gambling but in religions the messengers always has predicted about thing to happening so what is that , in my opinion when you deposit some amount to investment as a business and when you think the line will go there that you see predictly so if you profit its the way you and all the members hidden betting for so halal is the clean result so its halal a method is the way that you will be agree for lose or win basically its a systematic trade its not the poker or killing someone for their pocket money its a nice live trade for stocks wars and we should know that life is balanced by the wars of stocks and in this case god will thank you that if you invest some money for a reason that it balancing the stocks and the human life system going forward normally so you can trade in law binary options are allowed in professional countries you can be a millionaire and enjoy if you are Islam for the humanity. It's 100% halal!

Is Binary Options Halal Or Haram? Currently almost a quarter of the world’s population is Muslim there is no doubt about the importance of the role that binary options trading can play in the lives of Muslim binary traders. The general consensus seems to be that binary options trading is permissible to Muslim traders. This is largely due to the fact that trading has always been a way of life for Muslims and the religion Islam has always encouraged Muslims to participate in commerce. So the question we will explore in this article is, “Is binary options halal or is it haram?” These questions concern the legality of binary options based on Islamic Shariah Law. Recommended Trading Platform. Top Binary Options Broker. Shariah Law, The Muslim’s way of Life. The Arabic word “Shariah” in Islam is used to denote God’s divine law which every Muslim has to follow. It is derived from the main tenets of Islam specifically from the Quran and the wise sayings and actions of Prophet Muhammad called the Hadith.

Together, Shariah principles dictate the way a Muslim should live his life. They permeate every aspect of a Muslim’s life and regulate the way he should behave in society, in business and with God. Riba Policy According to Shariah Law. One of the major tenets of Shariah law is the prohibition of “Riba”. Riba is the Arabic term used to describe interest and is considered one of the major sins in Islam. In an Islamic society, it is encouraged that Muslims should practice selflessness and make sacrifices especially towards those who are less fortunate in life. For example, if a poor individual were to approach a wealthy person for a loan, the wealthy individual according to Shariah law is obligated to provide the loan to the poor individual without imposing interest on the loan. This is in direct contrast with conventional societies where the priority is on personal benefit and self-interest. The differences also apply to the Islamic banking system and to the conventional banking system. With Islamic banking, there is no interest involved. Instead Islamic banking transactions are based on 2 types of mutually beneficial arrangements called Mudharabah and Musharakah. Mudharabah Arrangement. In contrast to conventional banking where you have the applicable charges and interest rate explicably stated, a Mudharabah arrangement does not have any interest involved. Basically the bank enters into a profit sharing partnership with the investor (depositor).

Because this is a partnership, the investor will also bear a portion of the losses if the investment is a failure. In essence, it is just like any ordinary partnership deal except that it extends to the relationship between a bank and an investor. In other words, a Mudharabah arrangement allows Muslims to lend out their money in return for a profit just like conventional banks pay out interest to their depositors. The key difference is the Mudharabah arrangement does not have the interest or charges explicitly stated like a normal arrangement. In addition, both parties to the Mudharabah arrangement share the profits and the risk of losses together. Musharakah Arrangement. The Musharakah arrangement is similar in concept to the Mudharabah arrangement except that the roles are reversed. With the Mudharabah arrangement, the bank which enters into a joint venture with an individual or company is the investor. The profits under this arrangement are divided in accordance to the amount of capital that is contributed. The so-called “interest” earned by the bank is actually the profits from the enterprise or joint venture between the bank and the second party. Once the loan amount has been fully paid up, the Musharakah arrangement will end between the bank and the individual. The Musharakah arrangement is usually adopted when an individual wishes to take out a mortgage to buy a property. With mortgages taken out under the Musharakah arrangement, the buyer enters in an arrangement with the bank to buy the property for a share of the rent paid by the occupier of the property which in this case is also the buyer.

Just like a normal loan agreement, the term of the partnership will be clearly defined at the start of the partnership arrangement. The idea of Islamic banking was only introduced into mainstream banking during the last decade when the UK began to adopt the concept of Islamic accounts. The idea behind Islamic accounts was to enable Muslims to comply with Shariah law while they deal with the conventional financial banking system. Given the fact that the growth rate for Islamic accounts is thrice as fast as traditional bank accounts, many financial services providers have also began to adopt the idea of Islamic accounts to serve their Muslim clientele better. Binary Options Islamic Trading Account. Given the fact that a substantial number of financial traders are Muslim, Forex and Binary options have also started to offer Islamic trading accounts over the last years. These accounts are tailored specifically for Muslim traders and are interest free. A Muslim trader trading with an Islamic trading account will have access to all the trading assets that other types of trading accounts have with the difference being no interest charged on overnight positions. There is also no additional penalties or charges which Muslim traders have to pay for trading with the Islamic trading accounts. Typically, these Islamic trading accounts are characterized with all features listed below: Ability to trade with all the assets offered by the broker All market positions are closed by 23:59:59 Broker operate on “Hiba” policy meaning the broker will “donate” as a charitable gesture to Muslim traders “loaning” the broker’s money to trade No hidden charges No interest charged on overnight positions No swap commission Shariah compliant trading account Transparent. Q: Is binary options trading Halal? Answer: Many traders are Muslim and therefore brokers have come up with a way to make this kind of trading halal. This means they do not charge interest on any positions held open. Q: If there is no interest involved what is the structure of the trade?

Answer: Instead Islamic banking transactions are based on 2 types of mutually beneficial arrangements called Mudharabah and Musharakah. With Mudharabah the bank enters into a profit sharing partnership with the trader. As it is a partnership, the investor will also bear a portion of the losses. With Musharakah the profits under this arrangement are divided in accordance to the amount of capital that is contributed. The so-called “interest” earned by the bank is actually the profits from the enterprise or joint venture between the bank and the second party. Best Binary Options Brokers. Best Education Broker. Your capital is at risk. Trade with caution, these products might not be suitable for everyone so make sure you understand the risks involved. Islamic Accounts in Binary Options. Binary options trading has taken root as one of the fastest growing sectors of assets and commodities trading. Thousands are already into it and thousands more are coming in. There are hundreds of brokers and trading platforms in business today and these are also increasing. When this trading began, one vital group was left out the Muslim trader. For centuries, traders of the Muslim faith have crossed oceans and vast lands to trade.

This tradition continues up to this day. However, Muslim traders follow different methods in business to the conventional methods that everybody else practices. Their methods are dictated by the teachings of their faith and they are to a great extent followed. When binary options trading took root, some players discovered that there was a void and introduced special accounts that catered for traders of the Islamic faith who were interested in forex trading. The main characteristic of these types of accounts is they are interest free accounts. This is because it is considered haram, or ungodly to trade where interest is being charged and earned. More platforms are waking up to this idea, especially considering that Muslims constitute about 23% of the global population, which translates to about one in every 5 people. This is a very large chunk of the world’s population and they should not be left out of any business if it can be configured to fit their faith based trading rules. How Binary Option Robot Can Change Your Life? Check This Out! For centuries, traders of Muslim faith have crossed vast lands to trade, so it is obvious that there are many Muslims who wish to trade binary options. How to Make Money with Binary Option Robot. Top Binary Option Robots in Germany. Claim your free binary option robot, get started with three easy steps: Name of Robot Min.

Investment Min. Deposit Rating. 1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time. 2. The Binary Option Robot Will Predict the Price Movement. Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall. 3. Decide on how much you want to Invest. Then you need to decide how much you want to invest in the commodity and when that investment will expire. 4. Collect your Earnings. Finally, you collect your earnings (the good part!) Open an Islamic Account with Option Robot by clicking on the button below. Islamic trading accounts: What you need to know. Basically, an Islamic account in binary options is one that operates much like an ordinary account only that in this case, no interest is charged whatsoever.

The account should not earn interest of any kind either. The reason for this is that Sharia, or Islamic law expressly proscribes the earning or charging of interest in business practice or in any situation in life. Muslims are taught to give because it is the right thing to do and not to give so that gain can be made out of it. This is actually the root of the creation of Islamic accounts in binary options. The situation though is not that straight forward, as debate is still ongoing, as religious debates are wont to about what is halal (allowed) and what is haram (forbidden) in forex and binary options trading. There is a general unwritten agreement on what constitutes a halal account and that is what is generally practiced. For a binary options account to be declared halal, it must satisfy the following conditions: Trading is instant, delays are not acceptable. The proceeds in monetary terms must be transferred to the respective accounts as soon as any forex transaction is completed. All transaction proceeds are transferred as a full amount, payment in parts is not allowed for these accounts. All trading is done without either party earning or charging the other any interest. The account you are trading with is operated by halal binary options brokers. This is to ensure they do not do any business that involves aspects of betting or chance with your investment. You will be trading within Islamic law if you exercise self-control. This means that you need to refrain from trading if you are driven by a desire to recover lost trades.

if your method is solely dependent on observation and study of economic and financial indicators. if you do not keep the knowledge of your trading from your family or anybody else who might be interested. Risk-free trades and bonuses are to be avoided in Islamic binary options accounts. This is because they could be viewed as inducements to trade more than was originally planned which Islamic law might construe as being influenced by greed. Trading in binary options can be considered as flouting Islamic law under certain conditions: Islamic law expressly forbids trading when driven by greed or any other compelling force. So, your trading of binary options must be done with all your emotions in check and with your conscience clear and with your trading borne of good intentions. Trading in private and intentionally shielding the fact from your family, is not halal. You will also be flouting the law if you do not let your family know about your earnings and any money you spend on binary options. Trading because you are addicted is considered haram, as is every other form of addiction. This is what is meant when you are told that you should be fully in charge of your emotions when trading. If you are trading to recover investments lost earlier, you will be going against the Sharia. Trading to recover prior losses can be compulsive and you will not be fully on control of your emotions. What you need to do is trade with good intentions such as earning an income.

You should not borrow money to trade in binary options. This means that you can only trade with funds that are already in your possession. This will keep you from falling into debt. Trading with non-halal brokers is proscribed. If you trade with brokers who operate betting related transactions or businesses, you will be flouting Islamic law. Islamic binary options accounts today. All accounts are Sharia compliant (the no ‘Riba’ protocol). All charges and earnings are clear and devoid of any extra charges. Trading is with assets available to other traders. They provide trades that close at midnight. Most business transactions among Muslims follow two main principles which can be applied to all forms of halal businesses including trading in binary options. These principles are: 1. The Mudharabah Arrangement: This principal is applied when two traders join hands in a joint venture.

It applies the principle that the investment is a collective effort. It follows therefore that all profits are shared equally and all loses are borne together. This means that neither is benefitting on the back of another. This arrangement means that an Islamic trader will not have to borrow from another and pay him off with the profit, or be left indebted to him. In this method, no Sharia law is broken and it is all halal. 2. The Musharakah Arrangement: This arrangement is quite similar to the Mudharabah Arrangement in terms of the joint venture agreement. The difference here is that a trader will enter into an agreement to trade together with a bank as a joint venture. What happens is that the gains from the trading will be shared according to each party’s contribution to the initial capital. The profit margins are clear as they are agreed upon before the trading takes place. The influence of Sharia law in the binary options trade is a welcome relief to thousands of traders of deep Islamic faith who had been locked out of binary options. Today, all they need to do is sign up to the halal binary options brokers and they are ready to trade. All principles are basically the same, save for the small tweaks made to accommodate Muslims. Selecting your broker.

Just like in conventional binary options trading, the rate of return on your investments will to a large extent be dependent on the broker who is handling your trades. This is because a bad broker is a bad broker and it does not matter if he is halal or not. Just because he is referred to as halal does not mean that you should entrust him with your investment blindly. The best thing is to make a detailed study of his practices and reputation before making your decision. Too many red flags and you move on to another one. Eventually you will find a good and reputable halal broker who will help you make an income from binary options trading. Good platforms are out there. Do your due diligence and you will be able to trade in binary options just like every other trader. Islamic banking opened the way for Islamic accounts in binary options. This seems to be the trend and should there be more developments in the commodities, currencies, stocks and indices trade, the Islamic aspect will keep up with them and Muslims will always have a platform to trade in future.

For now, most Muslim traders are fine and comfortable with the current arrangement, and with their vast resources the benefit will spread to all the markets. Open an Islamic Account with Option Robot by clicking on the button below. IQ Option ( Best binary options broker site) Copyop ( Copy the best traders for free) Binary Options Signals (Make money by using these best signal services) Mike’s Auto Trader ( Michael Freeman shares his knowledge for free) Best Binary Options Brokers ( Best brokers for each region) Binary Option Robot Review and Scam Investigation ( Learn to avoid trading scams) Check out these top rated articles! Los Mejores Robots de Opciones Binarias ( Español) Roboter für Binäre Optionen ( Deutsch) Meilleurs Robots sur Options Binaires ( Français) I Migliori Robot per Opzioni Binarie ( Italiano) Melhores Robôs de Opções Binárias ( Português do Brazil) References and Further Reading. Author: Michael Allen. Michael Allen is the main author at binaryoptionrobotinfo. com. He holds a PhD in Economics and has worked in investment banking for 24 years. Recommended Free Binary Option Auto Traders. Get the best binary option robot - Option Robot - for free by clicking on the button below. Our exclusive offer: Free demo account! See how profitable the Option Robot is before investing with real money! Average Return Rate: Over 90% in our test US Customers: Accepted Compatible Broker Sites: 16 different brokers Price: Free.

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He holds a PhD in Economics and has worked in investment banking for 24 years. Islamic binary options trading seems to be a promising thing in the binary options trading industry. This is an entirely new concept that I have come across until now. Through this article, I learnt a lot of new facts about Islamic binary options trading. Right from the different types of Islamic binary options accounts to the necessary requirements for opening an account in the same – you can learn all about it in this article. For those who might be interested in the same, they can definitely try out the Islamic binary options trading accounts. Islamic binary options trading accounts can be really profitable to those who are willing to invest money in the same. Learn about the same through this article. Go through this one and learn about this latest binary trading option now! There are various types of binary options accounts in the current market today. I think it is a great thing to write about Islamic binary options trading industry and the possible options out there. Michael, can you also deliver articles about other alternatives of binary options trading industry?

I would love to read about them as well. This is a great informative article about Islamic binary options trading accounts and how you can do binary trading through the same. Great one! There are various alternatives of doing binary options trading. However, the concept of Islamic binary options trading was completely new to me. I had not read about it before. It is a great piece of information for several traders out there. There might be several traders who would be interested in the Islamic binary options trading system. It is great that Michael wrote about it such that the interested traders can learn more about this system. Great one! Islamic binary options trading is a new concept of binary trading that I came across recently. I had not known of such a thing in the binary options trading industry before. As such, this article about Islamic binary options trading unveils much of the vital information about this form of binary trading. The traders who find interest in this can read the article to know more about different Islamic binary options trading accounts.

This can be really useful to a lot of traders out there. Thanks Michael for sharing this article. I appreciate your efforts into this article! It is for the first time that I came to know about anything such as Islamic binary options trading. It can be a great thing for several binary traders out there who must have been looking for some options to make more money. If you are an avid binary trader, then you can also learn about this new form of binary options trading which can yield higher profits for you. There are several kinds of Islamic binary options trading accounts. You can learn about these and choose the best amongst these to do your trading. All the best! I never knew anything like Islamic binary options. A great article indeed! It is always nice to learn new things about binary options trading industry. Islamic accounts in binary options trading can be a great option for several global traders out there.

You can learn about the general prerequisites of Islamic binary options trading and start trading with the most reliable broker. There are several options of Islamic accounts in binary options trading. Look out for the best one for yourself and invest your money there. Great one! Islamic binary options trading can be a highly lucrative option to start binary trading with. However, if you are even a single bit skeptical about it, then try out Option Robot. There is no point of having any second thoughts when you are trading with Option Robot. This is definitely one of the best and the most reliable binary options trading platforms out there. Though Islamic binary options trading seems to be a reliable solution, I will still like to go with Option Robot only. I would suggest all to go with the trading option of their choice! Good luck!

Thinking of making investments in Islamic Accounts in binary options trading industry? All your doubts about Islamic binary options trading is vanished with this article. You can learn about a lot of things about Islamic accounts in binary options trading through this article. You can also learn about the successful Islamic binary options accounts that are operational in the current scenario. You can read about them and consider investing your money into the same. Michael also tells about the successful ways of selecting your broker in an Islamic binary options trading scenario and thus, gaining maximum profits out of the same. Have a great time trading! I have been following your articles for quite a time now Michael. You are really helpful as you always come up with interesting and informative articles about the binary options trading industry every now and then. I would like to thank you as you changed my life. I started investing in Option Robot after your review of the same and now, I am able to earn a substantial amount by sitting at home. Thank you so much!

I was reading this highly informative article about the Islamic accounts in binary options trading industry and I came to know a lot of things about the same. l has done here a great job by explaining everything about Islamic Trading accounts that you would need to know. He also unveils some of the basic necessities you need to fulfill to declare halal as a reliable binary options trading account. You can read this article to know all about the Islamic Trading Accounts and how they function. Hey, I am from Asia. I just wanted to know that will it be safe and effective if I start investing in the Hawala trading system now? Or should I stick to binary options trading for now? If so, then which one is the best binary options trading platform out there for me? Please answer me as I really need to start investing now. Though the Hawala trading system might have proved helpful to several traders across the world, I still feel that there is some level of unreliability and risks in this trading system. As such, I still continue investing in Option Robot – the best and the most reliable binary options trading portal that continues to deliver amazing results on my investment. Thanks Michael for the article!

Thank you binaryoptionrobotinfo for this informative article. I had heard a lot about the Hawala trading system and wanted to know about the steps involved in trading with this system. Through this article, a lot of my doubts were clarified and now I can decide upon whether I should invest money in this or not. Am glad that I started following binaryoptionrobotinfo and routinely as now I have access to such useful articles at all times. I was always intrigued by the Hawala system of trading and wanted to know more about it. Thanks to Michael who wrote this article and helped me understand the same properly. I learnt about the different conditions for starting out the Hawala trading system. I would also recommend my friends to read this blog who have been looking for similar articles. Binary option robot reviews along brokers are the best and most helpfull. Thank you for this article! I have made 500 already in two days with option robot!