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The question

What is the ruling on profiting from an earning website that gives a $10 registration bonus, on condition that it be invested in purchasing currency shares to rise to $12 the following day, and is this considered usury (riba)?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to profit from the "welcome bonus" transaction because it is a trick to circumvent usury (riba). It falls under the category of combining a loan and a transaction, and jurists have agreed that every loan that brings a benefit is forbidden usury. Furthermore, online currency trading often involves violations that render it impermissible.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
181095
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy