Cryptocurrency vs binary options: what should a Muslim choose?

In the world of digital assets, more and more Muslims are facing the dilemma: how to invest without violating the principles of Sharia? Let's analyze two directions — and why one clearly surpasses the other.

Why is binary trading a trap?

At first glance, binary options sound simple: guess the direction — get a profit. But behind the scenes lies:

• Gambling without an asset: you own nothing real — pure speculation on price fluctuations
• Unpredictable income (garrerr): profits depend on stochastic movements rather than fundamental value.
• Hidden usury: commissions for leverage and spreads look like fish (hidden interest rate)

Islamic scholars are virtually unanimous: this is haram, as it violates the principle of real ownership of the asset.

Halal Way: Spot Assets and Crypto

The situation here is different. If you follow the rules:

✓ Buy and Hold: acquiring real tokens and coins transforms crypto into a legitimate asset.

✓ Avoid margin and leverage: trading with borrowed money is also a form of usury.

✓ Coin Selection: avoid projects related to gambling, alcohol, or smoking.

Conclusion

Crypto is an asset of the new world. If you invest in it as property ( instead of as a game ), then it is quite possible to maintain faith. The key is in discipline and understanding the difference between investing and speculation.