What is the ruling on binary options trading? Is it permissible or forbidden? And what is the difference between it and Forex?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Binary options contracts are impermissible and it is not permissible to deal in them. A resolution to this effect has been issued by the Islamic Fiqh Academy.
As for the Forex system, it has various types, and we have previously clarified its ruling.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/129098
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- Original fatwa ID
- 129098
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- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy