What is the ruling of Islamic law on binary options trading online, knowing that the questioner relies in this trade on his prior knowledge of currency price movements through websites that broadcast prices faster than trading platforms, and based on that, he opens quick trades (15 seconds)? And is this permissible with the availability of Islamic accounts that are free of interest?
Binary options trading is impermissible (haram).
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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