KimchiQueenCharm
Sun Jun 09 2024
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7 answers
1614
Is leverage in binance haram?
Could you please clarify for me if leverage trading on Binance is considered Haram in Islamic finance? I've heard some conflicting opinions and would like to understand the position more clearly. Could you explain the Islamic perspective on leverage trading, and specifically how it applies to Binance? Would it be permissible for Muslims to engage in leveraged trading on this platform, or does it violate Islamic principles?
DigitalDragon
Fri Jun 07 2024
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6 answers
1545
Is Binance allowed in Islam?｜"Crypto in general is halah to buy, sell or keep as an asset, but for binance (or any other exchange) , so margin trading, futures, staking, defi staking, earn services, loans, dual investments, borrowing ALL are Haram, and binance in particular even for normal staking gives you the rewards + ...only spot trading is halal
Could you please clarify the Islamic perspective on Binance? Is it permissible to use Binance for cryptocurrency transactions? It seems that crypto, in general, is considered halal for buying, selling, or keeping as an asset. However, are there any specific aspects of Binance or other exchanges that are deemed Haram, such as margin trading, futures, staking, DeFi staking, earn services, loans, dual investments, or borrowing? Is Binance's normal staking also Haram due to the rewards it offers? In conclusion, would only spot trading be considered halal on Binance?
GangnamGlamourQueen
Fri Jun 07 2024
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5 answers
896
Is it Haram to use Binance?｜Crypto in general is halah to buy, sell or keep as an asset, but for binance (or any other exchange) , so margin trading, futures, staking, defi staking, earn services, loans, dual investments, borrowing ALL are Haram, and binance in particular even for normal staking gives you the rewards + ...only spot trading is halal
Is it considered Haram to utilize Binance for cryptocurrency transactions? I've heard that generally, buying, selling, or holding crypto as an asset is permissible, but I'm not sure about Binance specifically. Do activities like margin trading, futures, staking, Defi staking, earn services, loans, dual investments, and borrowing fall under the category of Haram? Also, I've heard that even normal staking on Binance is not completely halal as it offers additional rewards. Is spot trading the only permissible activity on Binance? I'd appreciate some clarity on this matter.
Giuseppe
Thu Jun 06 2024
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5 answers
1286
Is binance haram?
Could you please clarify for me whether Binance is considered Haram or not? I've heard some conflicting opinions on this matter and I'm not quite sure how to interpret them. Given that Binance is a leading cryptocurrency exchange platform, it's crucial for me to understand its ethical and religious implications. Could you provide some insight into this matter? I'm particularly interested in knowing if Binance's operations align with Islamic principles or if there are any aspects of it that might be considered unethical or Haram. Thank you for your assistance in clarifying this issue.
Bianca
Thu Jun 06 2024
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5 answers
1224
Is trading crypto haram?
Could you please elaborate on the question, "Is trading crypto haram?"? I'm interested in understanding the religious and ethical considerations surrounding cryptocurrency trading. Could you provide some insight into the various viewpoints and arguments that exist on this topic? Additionally, I would like to know if there are any specific religions or denominations that explicitly prohibit cryptocurrency trading and why? Furthermore, are there any specific religious scriptures or texts that address this issue? Finally, what are your thoughts on how this question intersects with the broader financial and technological landscapes? Thank you for your time and consideration.
