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Is crypto future trading halal or haram?

3 votes
1 answer
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I recently started exploring crypto and noticed that exchange like Binance.com offers future trading on their platform. So I want to know if this is halal or haram? Binance clearly mentioned in their docs that they charge a funding fee on each future trade which consists of a fixed interest rate of 0.03% plus premium. So is this interest rate the interest which is forbidden in Islam? or is it the trading fee of Binance? enter image description here
Asked by Iftikhar uddin (173 rep)
Feb 21, 2021, 05:32 PM
Last activity: Dec 5, 2022, 06:54 PM