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IQ Options (Haram or Halal)

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1 answer
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Assalamu Alaikkum Warahmathullahi Wabarakath, I'm a devoted muslim. After several studies i found out a solid way to earn money through online. Before getting into action, i want to know whether it is halal or haram. It is about binary trading. I browsed through the internet to find out if it is prohibited in Islam or not. Some argued it is haram and some argued if it is interest free/ swap free it is halal. In my case, i am intended to trade via a platform called IQ options. Specialty on this platform is, at the beginning when you create an account, they Ask whether you are a muslim or not. And they facilitate interest free accounts to muslims. If i'm a muslim i can choose an interest free plan. I tried to contact some ulamas; unfortunately most of them didn't have any idea on this field. So i would be really thankful if you could give me the shariah rule in this particular problem.
Asked by Rashad (11 rep)
Dec 30, 2018, 04:40 PM
Last activity: Apr 12, 2019, 08:36 AM