Ruling on Binary Options Trading
Q: What is the ruing on Binary options trading?
الجواب حامدا ومصليا ومنه الصدق والصواب
A: Please see the following link:
Binary options (all-or-nothing options) are simply another form of call or put options and are not sanctioned in Islam.
And Allah knows best.
Mufti Mohammed Zubair Butt
Al-Qalam Sharī‘ah Panel
Binary Options are not trading . It is pure gambling , just the name has changed . You have to select a price and if at the expiry time your selected price is okay you will get ” profit” else you will lose. There is no room in Islamic teachings for such things.