Binance Future Day Trading Halal or Haram

📈 Investing & Markets Crypto
#1

Selamun Aleykum

I wanted to ask if day trading in futures is allowed in Binance with leverage.
Since I am a day trader and in the spot market day trade and do it professionally with stop limit or analysis and so on.
But in the spot market I have to put a lot of money from my own pocket in the future area I could trade long as well as short most law schools say is not allowed?

Can I trade my futures perpertually there?
There are no real answers if it is Halal or Haram.

1 Like
#2

From what I read and saw , Future trading Is haram

#3

Here’s a video of one of our shariah advisors Sh. Joe Bradford on the topic of options trading in general, not specifically about Binance or even crypto, which you can imagine adds another layer of complexity.