Is binary options trading halal or haram: IslamicFinance

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    Chau Beacham
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    <br>Is binary options trading halal or haram?<br>I wanted to start with binary options trading but before I wanted to begin with it i wanted to see if it is 100% halal. What i understood out of my research is that there can’t be riba or making money that you not own. I looked on YouTube if there is any explanation of it but i saw they where out dated because it’s now possible to get an islamic binary account where there isn’t any riba involved nor money that you not own. Does it mean that it is now possible to do binary trading on a halal way?<br>(Sorry for my english)<br>I believe doing any option trading in general is not permissible. Should just stick to buying and owning the stock.<br>

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