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Title: The Grateful Servant of Allah š: Understanding Gratitude in Islam
**Introduction**
In this worldly age where desires and ingratitude often prevail, gratitude is a quality that can transform a person's thoughts and life. š In Islam, *gratitude* is not just a moral virtue, but a profound act of worship that nurtures the relationship between the servant and his Lord. š The Quran and Sunnah repeatedly emphasize that gratitude is the foundation of faith. A grateful servant (*Shakir*) is one who recognizes blessings, understands them as from Allah, and adopts humility and obedience in return. š
In this worldly age where desires and ingratitude often prevail, gratitude is a quality that can transform a person's thoughts and life. š In Islam, *gratitude* is not just a moral virtue, but a profound act of worship that nurtures the relationship between the servant and his Lord. š The Quran and Sunnah repeatedly emphasize that gratitude is the foundation of faith. A grateful servant (*Shakir*) is one who recognizes blessings, understands them as from Allah, and adopts humility and obedience in return. š
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**Islam and the Ruling on Unlawful Earnings** š
šāØ *Peace be upon you and the mercy of Allah and His blessings!* š
Islam instructs us to earn through **only lawful means** in every aspect of life.
Allah Almighty says in the Holy Quran:
š **"And O people! Eat of the lawful and good things on earth, and do not follow the footsteps of Satan; indeed, he is to you a manifest enemy"** (Surah Al-Baqarah: 168).
Islam instructs us to earn through **only lawful means** in every aspect of life.
Allah Almighty says in the Holy Quran:
š **"And O people! Eat of the lawful and good things on earth, and do not follow the footsteps of Satan; indeed, he is to you a manifest enemy"** (Surah Al-Baqarah: 168).
Ruya Makes Crypto History ā First Islamic Bank to Enable Bitcoin Purchases! š°š
In a revolutionary move for both the banking and crypto worlds, Ruya has officially become the first Islamic bank globally to allow its customers to directly purchase Bitcoin ($BTC )!
This milestone bridges the gap between traditional Islamic finance and digital innovation, opening up Bitcoin access to millions of new users while respecting Shariah principles. šāØ
The integration of crypto services by Ruya signals a powerful shift in global finance ā combining the trust of Islamic banking with the future of decentralized assets. šš
Whatās Next?
With Ruya setting the stage, expect more Islamic financial institutions to explore crypto adoption, boosting Bitcoinās global acceptance even further!
#Bitcoin #CryptoNews #BlockchainAdoption #IslamicFinance #CryptoRevolu
$BTC
This milestone bridges the gap between traditional Islamic finance and digital innovation, opening up Bitcoin access to millions of new users while respecting Shariah principles. šāØ
The integration of crypto services by Ruya signals a powerful shift in global finance ā combining the trust of Islamic banking with the future of decentralized assets. šš
Whatās Next?
With Ruya setting the stage, expect more Islamic financial institutions to explore crypto adoption, boosting Bitcoinās global acceptance even further!
#Bitcoin #CryptoNews #BlockchainAdoption #IslamicFinance #CryptoRevolu
$BTC
Ruya Makes History as the First Islamic Bank to Enable Bitcoin Purchases! š°
In a groundbreaking move, Ruya has become the first Islamic bank globally to offer its customers the ability to purchase $BTC . This milestone bridges the gap between traditional banking and the emerging world of digital currencies, setting a new precedent for integrating Islamic finance principles with modern financial technologies. An exciting development for both the crypto and Islamic finance sectors.
#IslamicFinance #Bitcoin
In a groundbreaking move, Ruya has become the first Islamic bank globally to offer its customers the ability to purchase $BTC . This milestone bridges the gap between traditional banking and the emerging world of digital currencies, setting a new precedent for integrating Islamic finance principles with modern financial technologies. An exciting development for both the crypto and Islamic finance sectors.
#IslamicFinance #Bitcoin
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š¢ The first Islamic bank with Bitcoin: ruya launches an investment platform for Sharia-compliant crypto
ā The ruya bank from the UAE has become the first Islamic bank in the world to offer direct investments in Bitcoin and other virtual assets ā directly through a mobile application.
ā All of this is within the framework of Islamic law (Sharia), thanks to a partnership with Fuze, a licensed provider of crypto infrastructure.
š² What this means:
ā Crypto investments are becoming part of everyday banking in the UAE
ā The product is focused not on speculation, but on ethical and long-term investments
ā Client support through consultation centers and call centers is already available
š Context:
ā The UAE accepted more than $30 billion in crypto assets in 2024, which is 42% more than the previous year ā the region is actively emerging as a leader in digital finance in MENA
š¬ CEO of ruya, Christoph Koster:
"We want to give people access to the digital economy without violating the principles of Islamic banking"
š¢ Subscribe ā we are monitoring how crypto becomes halal
#bitcoin #crypto #islamicfinance #ruya #BTC $ETH $BNB $XRP
ā The ruya bank from the UAE has become the first Islamic bank in the world to offer direct investments in Bitcoin and other virtual assets ā directly through a mobile application.
ā All of this is within the framework of Islamic law (Sharia), thanks to a partnership with Fuze, a licensed provider of crypto infrastructure.
š² What this means:
ā Crypto investments are becoming part of everyday banking in the UAE
ā The product is focused not on speculation, but on ethical and long-term investments
ā Client support through consultation centers and call centers is already available
š Context:
ā The UAE accepted more than $30 billion in crypto assets in 2024, which is 42% more than the previous year ā the region is actively emerging as a leader in digital finance in MENA
š¬ CEO of ruya, Christoph Koster:
"We want to give people access to the digital economy without violating the principles of Islamic banking"
š¢ Subscribe ā we are monitoring how crypto becomes halal
#bitcoin #crypto #islamicfinance #ruya #BTC $ETH $BNB $XRP
CRYPTO TRADING HALAL OR HARAM DECISION IS PURELY DEPEND ON YOUR THOUGHTS
Islamic Finance Principles: Prohibited Transactions
In Islamic finance, certain transactions are prohibited due to their nature or potential impact. Here are some examples:
Prohibited Transactions
1. Riba (Usury)
Transactions involving loans and interest are prohibited. This includes crypto lending with interest, where guaranteed returns are offered without real investment risk.
2. Gharar and High Risk
Transactions with unclear or ambiguous contracts, or those involving excessive uncertainty, are prohibited. Examples include leverage trading, futures contracts, and perpetual contracts.
3. Gambling (Maysir)
Transactions that resemble betting or excessive speculation are prohibited. Examples include binary options, price prediction markets, and perpetual contracts.
4. Fraud (Ghash)
Transactions involving price manipulation or deceit are prohibited.
5. Selling What You Donāt Own
Trading assets you do not possess is prohibited. Examples include short selling and futures contracts.
Examples of Prohibited Transactions in Crypto
- Leverage trading: Using high leverage to amplify trade sizes is prohibited due to Gharar and high risk.
- Futures contracts: Agreements to buy or sell an asset at a predetermined price on a future date are prohibited due to Selling What You Donāt Own and Gharar.
- Binary options: Betting on price movements is considered Gambling and prohibited.
- Short selling: Selling an asset you do not own is prohibited due to Selling What You Donāt Own and unlawful risk.
- Crypto lending with interest: Depositing cryptocurrencies for a fixed-interest return is prohibited due to Riba.
These principles guide Islamic finance and investing, promoting ethical and responsible financial practices.This discussion is purely depend on your thoughts wether to trade or not.
#Halal #haram #IslamicFinance #TradingCommunity #cryptouniverseofficial
$BTC $XRP $SOL
In Islamic finance, certain transactions are prohibited due to their nature or potential impact. Here are some examples:
Prohibited Transactions
1. Riba (Usury)
Transactions involving loans and interest are prohibited. This includes crypto lending with interest, where guaranteed returns are offered without real investment risk.
2. Gharar and High Risk
Transactions with unclear or ambiguous contracts, or those involving excessive uncertainty, are prohibited. Examples include leverage trading, futures contracts, and perpetual contracts.
3. Gambling (Maysir)
Transactions that resemble betting or excessive speculation are prohibited. Examples include binary options, price prediction markets, and perpetual contracts.
4. Fraud (Ghash)
Transactions involving price manipulation or deceit are prohibited.
5. Selling What You Donāt Own
Trading assets you do not possess is prohibited. Examples include short selling and futures contracts.
Examples of Prohibited Transactions in Crypto
- Leverage trading: Using high leverage to amplify trade sizes is prohibited due to Gharar and high risk.
- Futures contracts: Agreements to buy or sell an asset at a predetermined price on a future date are prohibited due to Selling What You Donāt Own and Gharar.
- Binary options: Betting on price movements is considered Gambling and prohibited.
- Short selling: Selling an asset you do not own is prohibited due to Selling What You Donāt Own and unlawful risk.
- Crypto lending with interest: Depositing cryptocurrencies for a fixed-interest return is prohibited due to Riba.
These principles guide Islamic finance and investing, promoting ethical and responsible financial practices.This discussion is purely depend on your thoughts wether to trade or not.
#Halal #haram #IslamicFinance #TradingCommunity #cryptouniverseofficial
$BTC $XRP $SOL
See original
> Suggestion: Rename or add an option to the Earn section to be compliant with Islamic Sharia.
We all know that the idea of #bainanceearn or simple and flexible savings is that they take our money and trade with it, either through loans or trading, and then give us a percentage of their profits.
And this is exactly speculation in Islam! To agree with a trader to give him a value of your money while he works with it and gives you a percentage of the profits.
So instead of the issues some have about it being a loan that generates benefit, in this way we understand that it is speculation and not just a loan, and Allah knows best.#
Hence;
We ask the Binance team to consider modifying the name "Flexible Savings" or "Simple Earn" to be defined in the format of "speculation" or "participatory investment", which is a format recognized in Islamic law among Muslims, where the investor gives his money to a party that trades with it, and they share the profit according to agreement.
Because the current name suggests the concept of "loan with interest", which drives many Muslim users away from these services even though they are actually closer to speculation.
Modifying the name will remove the legal ambiguity and encourage millions of users from the Islamic world to use the service with confidence and comfort.
------------------------------------------------------------------
Now share your opinion, dear Muslim? How do you see the matter?
#bainance #support #Suggestion #IslamicFinance
We all know that the idea of #bainanceearn or simple and flexible savings is that they take our money and trade with it, either through loans or trading, and then give us a percentage of their profits.
And this is exactly speculation in Islam! To agree with a trader to give him a value of your money while he works with it and gives you a percentage of the profits.
So instead of the issues some have about it being a loan that generates benefit, in this way we understand that it is speculation and not just a loan, and Allah knows best.#
Hence;
We ask the Binance team to consider modifying the name "Flexible Savings" or "Simple Earn" to be defined in the format of "speculation" or "participatory investment", which is a format recognized in Islamic law among Muslims, where the investor gives his money to a party that trades with it, and they share the profit according to agreement.
Because the current name suggests the concept of "loan with interest", which drives many Muslim users away from these services even though they are actually closer to speculation.
Modifying the name will remove the legal ambiguity and encourage millions of users from the Islamic world to use the service with confidence and comfort.
------------------------------------------------------------------
Now share your opinion, dear Muslim? How do you see the matter?
#bainance #support #Suggestion #IslamicFinance
CRYPTO TRADING HALAL OR HARAM DECISION IS PURELY DEPEND ON YOUR THOUGHTS
Islamic Finance Principles: Prohibited Transactions
In Islamic finance, certain transactions are prohibited due to their nature or potential impact. Here are some examples:
Prohibited Transactions
1. Riba (Usury)
Transactions involving loans and interest are prohibited. This includes crypto lending with interest, where guaranteed returns are offered without real investment risk.
2. Gharar and High Risk
Transactions with unclear or ambiguous contracts, or those involving excessive uncertainty, are prohibited. Examples include leverage trading, futures contracts, and perpetual contracts.
3. Gambling (Maysir)
Transactions that resemble betting or excessive speculation are prohibited. Examples include binary options, price prediction markets, and perpetual contracts.
4. Fraud (Ghash)
Transactions involving price manipulation or deceit are prohibited.
5. Selling What You Donāt Own
Trading assets you do not possess is prohibited. Examples include short selling and futures contracts.
Examples of Prohibited Transactions in Crypto
- Leverage trading: Using high leverage to amplify trade sizes is prohibited due to Gharar and high risk.
- Futures contracts: Agreements to buy or sell an asset at a predetermined price on a future date are prohibited due to Selling What You Donāt Own and Gharar.
- Binary options: Betting on price movements is considered Gambling and prohibited.
- Short selling: Selling an asset you do not own is prohibited due to Selling What You Donāt Own and unlawful risk.
- Crypto lending with interest: Depositing cryptocurrencies for a fixed-interest return is prohibited due to Riba.
These principles guide Islamic finance and investing, promoting ethical and responsible financial practices.This discussion is purely depend on your thoughts wether to trade or not.
#Halal #haram #IslamicFinance #TradingCommunity #cryptouniverseofficial
$BTC $XRP $SOL
In Islamic finance, certain transactions are prohibited due to their nature or potential impact. Here are some examples:
Prohibited Transactions
1. Riba (Usury)
Transactions involving loans and interest are prohibited. This includes crypto lending with interest, where guaranteed returns are offered without real investment risk.
2. Gharar and High Risk
Transactions with unclear or ambiguous contracts, or those involving excessive uncertainty, are prohibited. Examples include leverage trading, futures contracts, and perpetual contracts.
3. Gambling (Maysir)
Transactions that resemble betting or excessive speculation are prohibited. Examples include binary options, price prediction markets, and perpetual contracts.
4. Fraud (Ghash)
Transactions involving price manipulation or deceit are prohibited.
5. Selling What You Donāt Own
Trading assets you do not possess is prohibited. Examples include short selling and futures contracts.
Examples of Prohibited Transactions in Crypto
- Leverage trading: Using high leverage to amplify trade sizes is prohibited due to Gharar and high risk.
- Futures contracts: Agreements to buy or sell an asset at a predetermined price on a future date are prohibited due to Selling What You Donāt Own and Gharar.
- Binary options: Betting on price movements is considered Gambling and prohibited.
- Short selling: Selling an asset you do not own is prohibited due to Selling What You Donāt Own and unlawful risk.
- Crypto lending with interest: Depositing cryptocurrencies for a fixed-interest return is prohibited due to Riba.
These principles guide Islamic finance and investing, promoting ethical and responsible financial practices.This discussion is purely depend on your thoughts wether to trade or not.
#Halal #haram #IslamicFinance #TradingCommunity #cryptouniverseofficial
$BTC $XRP $SOL
I hope you are all doing well.
I would like to bring the Binance team's attention to a specific feature in Simple Earn. The feature in question involves interest, which is prohibited for Muslims.
To accommodate users, particularly those who follow Islamic principles, Binance should consider adding an option that allows users to disable interest in Simple Earn.
#Interest #IslamicFinance
I would like to bring the Binance team's attention to a specific feature in Simple Earn. The feature in question involves interest, which is prohibited for Muslims.
To accommodate users, particularly those who follow Islamic principles, Binance should consider adding an option that allows users to disable interest in Simple Earn.
#Interest #IslamicFinance
Why Meme Coins Are Considered Haram: A Cautionary Insight for Investors
$ETH $BNB $SOL
Meme coins have gained significant attention in the cryptocurrency world, but their permissibility under Islamic principles raises concerns. From an ethical and religious perspective, investing in these coins is often deemed haram (forbidden). Here's why:
One of the primary issues with meme coins is their speculative nature. These coins thrive on hype, social media trends, and market manipulation, resembling gambling due to the high level of uncertainty involved. Islamic teachings strictly forbid activities that involve excessive speculation (maysir), as they lack a productive foundation and contribute to wealth redistribution without adding real value.
Another critical factor is the absence of tangible assets or a legitimate economic project behind these tokens. Islamic finance emphasizes the importance of investments being backed by real assets or ventures that contribute to societal development. Meme coins often fail to meet this criterion, as they lack intrinsic value and a clear roadmap for sustainable growth.
The risk of fraud is also notably high in the meme coin space. Many projects have been linked to scams, such as "rug pulls," where developers manipulate prices to attract investors and then withdraw funds, leaving others with significant losses. This violates the ethical principles of fairness and justice upheld in Islamic law. Additionally, the uncertainty (gharar) surrounding meme coins, from their unpredictable value to unclear intentions of developers, further renders them impermissible.
Placing your financial future in an asset that can be manipulated by a single social media post is not just risky but also contrary to Islamic principles of responsible stewardship. For those seeking halal investment opportunities, itās vital to prioritize transparency, real-world value, and ethical practices over hype and short-term gains.
By understanding these concerns, investors can make informed decisions that align with both their faith and financial well-being.
#HalalInvesting #IslamicFinance #CryptoAwareness #MemeCoins
Meme coins have gained significant attention in the cryptocurrency world, but their permissibility under Islamic principles raises concerns. From an ethical and religious perspective, investing in these coins is often deemed haram (forbidden). Here's why:
One of the primary issues with meme coins is their speculative nature. These coins thrive on hype, social media trends, and market manipulation, resembling gambling due to the high level of uncertainty involved. Islamic teachings strictly forbid activities that involve excessive speculation (maysir), as they lack a productive foundation and contribute to wealth redistribution without adding real value.
Another critical factor is the absence of tangible assets or a legitimate economic project behind these tokens. Islamic finance emphasizes the importance of investments being backed by real assets or ventures that contribute to societal development. Meme coins often fail to meet this criterion, as they lack intrinsic value and a clear roadmap for sustainable growth.
The risk of fraud is also notably high in the meme coin space. Many projects have been linked to scams, such as "rug pulls," where developers manipulate prices to attract investors and then withdraw funds, leaving others with significant losses. This violates the ethical principles of fairness and justice upheld in Islamic law. Additionally, the uncertainty (gharar) surrounding meme coins, from their unpredictable value to unclear intentions of developers, further renders them impermissible.
Placing your financial future in an asset that can be manipulated by a single social media post is not just risky but also contrary to Islamic principles of responsible stewardship. For those seeking halal investment opportunities, itās vital to prioritize transparency, real-world value, and ethical practices over hype and short-term gains.
By understanding these concerns, investors can make informed decisions that align with both their faith and financial well-being.
#HalalInvesting #IslamicFinance #CryptoAwareness #MemeCoins
HAQQ and GoMeat Collaborate to Transform Halal Food Access in the USA
In a groundbreaking move, HAQQ, an ethical blockchain ecosystem rooted in Islamic values, has partnered with GoMeat to optimize halal meat and food accessibility in the United States. The collaboration introduces key enhancements to the GoMeat platform, such as the HAQQ wallet for crypto payments and the acceptance of GoMeat token ($GOMT). The integration of AI features and partnerships with SingularityNET aim to streamline supply chain management and enhance user experiences.
The partnership focuses on community welfare, offering frequent promotions, the lowest halal meat prices, and a $1 donation for community needs with every GoMeat app signup. HAQQ and GoMeat are committed to fostering community spirit by customizing blockchain services for diverse American communities and advancing Web3 technology for improved authentication and transparency in halal meat distribution.
Leadership perspectives from Mohammed AlKaff AlHashmi, HAQQ Co-founder, and Waqas Siddiqi, GoMeat Co-Founder, emphasize the commitment to giving back and the importance of this partnership for the specialty food sector and Web3 innovation.
About HAQQ Network and GoMeat:
HAQQ Network integrates Islamic finance principles into blockchain, featuring the Islamic Coin (ISLM) and "Century Coinomics" for sustainable emission over a century. GoMeat, a blockchain-based digital marketplace launched in 2019, revolutionizes specialty meat distribution with authentication, traceability, and on-demand ordering.
As HAQQ and GoMeat join forces, they invite individuals to participate in this journey of innovation, transparency, and community empowerment, marking a significant step forward in the evolution of halal food distribution in the USA.
#altcoinsāļø #AltcoinGrowth #IslamicFinance #BTC
In a groundbreaking move, HAQQ, an ethical blockchain ecosystem rooted in Islamic values, has partnered with GoMeat to optimize halal meat and food accessibility in the United States. The collaboration introduces key enhancements to the GoMeat platform, such as the HAQQ wallet for crypto payments and the acceptance of GoMeat token ($GOMT). The integration of AI features and partnerships with SingularityNET aim to streamline supply chain management and enhance user experiences.
The partnership focuses on community welfare, offering frequent promotions, the lowest halal meat prices, and a $1 donation for community needs with every GoMeat app signup. HAQQ and GoMeat are committed to fostering community spirit by customizing blockchain services for diverse American communities and advancing Web3 technology for improved authentication and transparency in halal meat distribution.
Leadership perspectives from Mohammed AlKaff AlHashmi, HAQQ Co-founder, and Waqas Siddiqi, GoMeat Co-Founder, emphasize the commitment to giving back and the importance of this partnership for the specialty food sector and Web3 innovation.
About HAQQ Network and GoMeat:
HAQQ Network integrates Islamic finance principles into blockchain, featuring the Islamic Coin (ISLM) and "Century Coinomics" for sustainable emission over a century. GoMeat, a blockchain-based digital marketplace launched in 2019, revolutionizes specialty meat distribution with authentication, traceability, and on-demand ordering.
As HAQQ and GoMeat join forces, they invite individuals to participate in this journey of innovation, transparency, and community empowerment, marking a significant step forward in the evolution of halal food distribution in the USA.
#altcoinsāļø #AltcoinGrowth #IslamicFinance #BTC
Staking halal?
Iāve read from many that staking is halal since the apr that is received is different than than the apr that comes from banks since staking is used to secure the network of a specific crypto.
So there is TWO things that should be considered when staking the crypto and how the staking is used.
I would like your help to navigate which platform is best for staking since some platforms uses your staking for haram activities such as margin, future, lending, etcā¦
#staking #Halal #IslamicFinance
Iāve read from many that staking is halal since the apr that is received is different than than the apr that comes from banks since staking is used to secure the network of a specific crypto.
So there is TWO things that should be considered when staking the crypto and how the staking is used.
I would like your help to navigate which platform is best for staking since some platforms uses your staking for haram activities such as margin, future, lending, etcā¦
#staking #Halal #IslamicFinance
šØ Is Futures Trading Halal or Haram? Letās Break It Down! šØ
This question is widely debated in the Muslim community, and the answer often depends on personal beliefs and interpretations of Islamic principles. Here's a closer look at the discussion:
---
š” Understanding Futures Trading in Islam
Futures trading involves contracts to buy or sell an asset at a future date for a predetermined price. It includes speculation, leverage, and sometimes interest-based transactionsāall of which raise concerns about compliance with Islamic principles.
---
š Arguments for Haram:
1ļøā£ Speculation (Gharar): Futures trading is seen as highly speculative, which is considered Gharar (excessive uncertainty) and is prohibited in Islam.
2ļøā£ Leverage and Riba (Interest): Leverage often involves borrowing funds, leading to interest payments, which is strictly haram.
3ļøā£ No Ownership: In many cases, traders don't own the underlying asset, which conflicts with Islamic principles of tangible ownership.
---
ā Arguments for Halal:
1ļøā£ With Conditions: Some scholars argue that futures trading can be halal if:
No interest (Riba) is involved.
Itās used for hedging rather than gambling.
The underlying asset is halal (e.g., no alcohol or pork-related stocks).
2ļøā£ Islamic Finance Models: Some platforms offer Sharia-compliant financial instruments that allow futures trading under certain guidelines.
---
š What Do Scholars Say?
Opinions vary among Islamic scholars:
āļø Conservative View: Most say itās haram due to its speculative nature and involvement of leverage.
āļø Permissive View: Others argue itās permissible with strict adherence to Sharia principles.
---
š” Your Next Step:
If you're considering futures trading:
Seek guidance from a trusted Islamic scholar.
Look for Sharia-compliant trading platforms if you decide to proceed.
#IslamicFinance #HalalOrHaram #FuturesTrading #BSCOnTheRise #Write2Earn!
$ALT
$AVAX
$ADA
This question is widely debated in the Muslim community, and the answer often depends on personal beliefs and interpretations of Islamic principles. Here's a closer look at the discussion:
---
š” Understanding Futures Trading in Islam
Futures trading involves contracts to buy or sell an asset at a future date for a predetermined price. It includes speculation, leverage, and sometimes interest-based transactionsāall of which raise concerns about compliance with Islamic principles.
---
š Arguments for Haram:
1ļøā£ Speculation (Gharar): Futures trading is seen as highly speculative, which is considered Gharar (excessive uncertainty) and is prohibited in Islam.
2ļøā£ Leverage and Riba (Interest): Leverage often involves borrowing funds, leading to interest payments, which is strictly haram.
3ļøā£ No Ownership: In many cases, traders don't own the underlying asset, which conflicts with Islamic principles of tangible ownership.
---
ā Arguments for Halal:
1ļøā£ With Conditions: Some scholars argue that futures trading can be halal if:
No interest (Riba) is involved.
Itās used for hedging rather than gambling.
The underlying asset is halal (e.g., no alcohol or pork-related stocks).
2ļøā£ Islamic Finance Models: Some platforms offer Sharia-compliant financial instruments that allow futures trading under certain guidelines.
---
š What Do Scholars Say?
Opinions vary among Islamic scholars:
āļø Conservative View: Most say itās haram due to its speculative nature and involvement of leverage.
āļø Permissive View: Others argue itās permissible with strict adherence to Sharia principles.
---
š” Your Next Step:
If you're considering futures trading:
Seek guidance from a trusted Islamic scholar.
Look for Sharia-compliant trading platforms if you decide to proceed.
#IslamicFinance #HalalOrHaram #FuturesTrading #BSCOnTheRise #Write2Earn!
$ALT
$AVAX
$ADA
Sidra Coin (SDRA) is a promising decentralized cryptocurrency aligned with Islamic finance principles. It prioritizes ethical financial solutions and leverages blockchain technology to ensure transparency and security. By complying with Shariah law, Sidra Coin offers an interest-free, transparent platform that appeals to users looking for socially responsible investment options.
Key Features:
Shariah Compliance: The project avoids riba (interest) and promotes fairness, aligning with Islamic finance values.
Blockchain Security: Sidra Coin utilizes a decentralized ledger, which prevents tampering and fraud, offering users full transparency.
DeFi Services: Sidra Coin integrates decentralized finance (DeFi) features like lending, borrowing, and DEX trading, allowing users to operate in a permissionless environment.
Mobile Mining: Sidra Bank offers mobile-based mining with a proof-of-work (PoW) algorithm, encouraging inclusivity and access to financial services for underserved markets.
Technical Highlights:
Sidra Coin is expanding its offerings through AI-powered trading tools and robo-advisory services to help users with investment decisions.
The coinās growth is bolstered by regulatory technology (RegTech) standards like KYC and AML compliance, making it a secure and global solution.
Sidra Coin is poised to make significant waves in the decentralized currency market, particularly for those seeking ethical financial products that adhere to Islamic principles. Its robust team and technological innovations enhance its appeal for both Islamic and broader global audiences.
#SidraCoin #IslamicFinance #DeFi #CryptoMining #Blockchain #Ethicalfinancial
#ShariahCompliant
#PoW #CryptoSecurity #DecentralizedFinance
#Binance
#CryptoNews
#FinancialInclusion
#SDRA
#IslamicCrypto
$BTC $SOL
Key Features:
Shariah Compliance: The project avoids riba (interest) and promotes fairness, aligning with Islamic finance values.
Blockchain Security: Sidra Coin utilizes a decentralized ledger, which prevents tampering and fraud, offering users full transparency.
DeFi Services: Sidra Coin integrates decentralized finance (DeFi) features like lending, borrowing, and DEX trading, allowing users to operate in a permissionless environment.
Mobile Mining: Sidra Bank offers mobile-based mining with a proof-of-work (PoW) algorithm, encouraging inclusivity and access to financial services for underserved markets.
Technical Highlights:
Sidra Coin is expanding its offerings through AI-powered trading tools and robo-advisory services to help users with investment decisions.
The coinās growth is bolstered by regulatory technology (RegTech) standards like KYC and AML compliance, making it a secure and global solution.
Sidra Coin is poised to make significant waves in the decentralized currency market, particularly for those seeking ethical financial products that adhere to Islamic principles. Its robust team and technological innovations enhance its appeal for both Islamic and broader global audiences.
#SidraCoin #IslamicFinance #DeFi #CryptoMining #Blockchain #Ethicalfinancial
#ShariahCompliant
#PoW #CryptoSecurity #DecentralizedFinance
#Binance
#CryptoNews
#FinancialInclusion
#SDRA
#IslamicCrypto
$BTC $SOL
See original
Hedera is a decentralized public network beyond blockchain for developers to create the next era of fast, fair, and secure applications. $HBAR is a project for the tokenization of real-world assets, therefore #Shariah-compliant is Halal-compliant for those who follow #IslamicFinance .
Analysis of technical indicators:
It is currently in a pullback of its bullish trend trading at 0.19302. Its RSI is at a bullish level of 75.
It is now seeking to reposition itself above the EMA (moving averages) to maintain the upward trend.
It is overbought on the RSI 14 and is well above the bullish cloud #ichimoku , indicating the maintenance of the trend for some more time.
Its first target is to stay above the EMA 0.19284 to then consolidate and aim to reverse the EMA (200) at 0.20.
This is not financial advice nor a sponsored announcement, always do your research (DYOR)!
#TradingSignals
Analysis of technical indicators:
It is currently in a pullback of its bullish trend trading at 0.19302. Its RSI is at a bullish level of 75.
It is now seeking to reposition itself above the EMA (moving averages) to maintain the upward trend.
It is overbought on the RSI 14 and is well above the bullish cloud #ichimoku , indicating the maintenance of the trend for some more time.
Its first target is to stay above the EMA 0.19284 to then consolidate and aim to reverse the EMA (200) at 0.20.
This is not financial advice nor a sponsored announcement, always do your research (DYOR)!
#TradingSignals
šØ The $10-to-$300 Binance Miracle: Fact or Fiction? šØ
An Opinion Article Rooted in Reality
1. The Referral Program Hustle: Free Money or Fantasy?
Claim: Earned $10 via referrals by sharing links on social media.
Reality Check:
- Referral programs do exist, but earning $10 quickly requires massive reach. Most people wonāt get more than a few sign-ups unless theyāre influencers or spam relentlessly.
- Binance deducts referral rewards from your refereesā trading fees. If they donāt trade actively, you earn nothing.
Opinion:
This works only if you have a large, crypto-active network. For the average person, $10 is optimistic.
---
2. P2P Arbitrage: Easy Profits or Regional Risks?
Claim: Bought crypto cheap in one region, sold high in another.
Reality Check:
- Arbitrage is possible, but regional price gaps are often tiny or vanish quickly.
- P2P trading involves scams (fake payments, chargebacks). Binance P2P has safeguards, but risks remain.
Opinion:
Profiting from arbitrage requires speed, luck, and trust in strangers. $10 to $100 in hours? Unlikely for most.
---
3. Airdrops: Free Tokens or Empty Promises?
Claim: Turned free tokens into hundreds via Binance Launchpad.
Reality Check:
- Most airdrops are low-value tokens. Only *rare projects* (like major Layer 1s) surge post-listing.
- Many airdrops lock tokens for months or require KYC.
Opinion:
Airdrops are speculative. Turning āfreeā tokens into $100+ requires insider timing or extreme luck.
---
4. Futures Trading: Low-Risk or Haram?
Claim: Used Binance Futures (demo + real) to multiply profits.
Reality Check:
- Islamic Perspective: Futures trading is *Haram* (prohibited) due to gharar (uncertainty) and gambling-like speculation.
- Even demo trading normalizes high-risk behavior. Real leverage trading can wipe gains in seconds.
Opinion:
Promoting futures as ālow-riskā is misleading. For Muslims, this strategy is religiously unethical.
---
5. Content Creation & Contests: Rewards or Grind?
Claim: Earned tokens by writing for Binance Academy and winning contests.
Reality Check:
- Content rewards are minimal unless youāre a top creator.
- Trading contests favor whales with big capital, not $10 starters.
Opinion:
This is a side hustle, not a get-rich-quick path. Most users earn pennies, not profits.
---
The Bigger Picture: Whatās Missing?
- Risk Disclosures: The original post ignores volatility, scams, and potential losses.
- Sustainability: Turning $10ā$300 daily is unsustainable. Markets change; luck runs out.
- Ethics: Promoting futures (Haram) and hyping unrealistic gains is irresponsible.
---
Final Verdict: Strategic or Clickbait?
While Binance offers tools to grow small funds, the $10-to-$300 story is 90% marketing, 10% strategy.
- ā Whatās True: Referrals, airdrops, and P2P *can* earn small sums.
- ā Whatās False: Risk-free profits, guaranteed returns, and ethical compliance (for Muslims).
For Muslims: Futures trading violates Islamic principles. Stick to Halal methods like spot trading or earning staking rewards (if compliant).
---
Pro Tips (Without the Hype):
1. Research > Hype: Verify claims with data (e.g., airdrop tokenomics, P2P trader reviews).
2. Avoid Haram: Use Islamic finance-compliant platforms like Wahed Invest or Blossom Finance for ethical growth.
3. Start Small: Treat crypto as a learning journey, not a lottery ticket.
---
Final Word:
The crypto space thrives on sensational stories. Stay grounded, prioritize ethics, and remember: If it sounds too good to be true, it probably is.
#CryptoReality #IslamicFinance #MarketRebound
Disclaimer: This article critiques strategies, not financial advice. Cryptocurrency is high-risk; consult scholars for religious compliance.
1. The Referral Program Hustle: Free Money or Fantasy?
Claim: Earned $10 via referrals by sharing links on social media.
Reality Check:
- Referral programs do exist, but earning $10 quickly requires massive reach. Most people wonāt get more than a few sign-ups unless theyāre influencers or spam relentlessly.
- Binance deducts referral rewards from your refereesā trading fees. If they donāt trade actively, you earn nothing.
Opinion:
This works only if you have a large, crypto-active network. For the average person, $10 is optimistic.
---
2. P2P Arbitrage: Easy Profits or Regional Risks?
Claim: Bought crypto cheap in one region, sold high in another.
Reality Check:
- Arbitrage is possible, but regional price gaps are often tiny or vanish quickly.
- P2P trading involves scams (fake payments, chargebacks). Binance P2P has safeguards, but risks remain.
Opinion:
Profiting from arbitrage requires speed, luck, and trust in strangers. $10 to $100 in hours? Unlikely for most.
---
3. Airdrops: Free Tokens or Empty Promises?
Claim: Turned free tokens into hundreds via Binance Launchpad.
Reality Check:
- Most airdrops are low-value tokens. Only *rare projects* (like major Layer 1s) surge post-listing.
- Many airdrops lock tokens for months or require KYC.
Opinion:
Airdrops are speculative. Turning āfreeā tokens into $100+ requires insider timing or extreme luck.
---
4. Futures Trading: Low-Risk or Haram?
Claim: Used Binance Futures (demo + real) to multiply profits.
Reality Check:
- Islamic Perspective: Futures trading is *Haram* (prohibited) due to gharar (uncertainty) and gambling-like speculation.
- Even demo trading normalizes high-risk behavior. Real leverage trading can wipe gains in seconds.
Opinion:
Promoting futures as ālow-riskā is misleading. For Muslims, this strategy is religiously unethical.
---
5. Content Creation & Contests: Rewards or Grind?
Claim: Earned tokens by writing for Binance Academy and winning contests.
Reality Check:
- Content rewards are minimal unless youāre a top creator.
- Trading contests favor whales with big capital, not $10 starters.
Opinion:
This is a side hustle, not a get-rich-quick path. Most users earn pennies, not profits.
---
The Bigger Picture: Whatās Missing?
- Risk Disclosures: The original post ignores volatility, scams, and potential losses.
- Sustainability: Turning $10ā$300 daily is unsustainable. Markets change; luck runs out.
- Ethics: Promoting futures (Haram) and hyping unrealistic gains is irresponsible.
---
Final Verdict: Strategic or Clickbait?
While Binance offers tools to grow small funds, the $10-to-$300 story is 90% marketing, 10% strategy.
- ā Whatās True: Referrals, airdrops, and P2P *can* earn small sums.
- ā Whatās False: Risk-free profits, guaranteed returns, and ethical compliance (for Muslims).
For Muslims: Futures trading violates Islamic principles. Stick to Halal methods like spot trading or earning staking rewards (if compliant).
---
Pro Tips (Without the Hype):
1. Research > Hype: Verify claims with data (e.g., airdrop tokenomics, P2P trader reviews).
2. Avoid Haram: Use Islamic finance-compliant platforms like Wahed Invest or Blossom Finance for ethical growth.
3. Start Small: Treat crypto as a learning journey, not a lottery ticket.
---
Final Word:
The crypto space thrives on sensational stories. Stay grounded, prioritize ethics, and remember: If it sounds too good to be true, it probably is.
#CryptoReality #IslamicFinance #MarketRebound
Disclaimer: This article critiques strategies, not financial advice. Cryptocurrency is high-risk; consult scholars for religious compliance.
Can Crypto Be Halal? Goldsandās Halal Staking Protocol Says Yes.
In the rapidly evolving world of digital finance, a groundbreaking innovation is emerging that promises to transform how millions of Muslims engage with cryptocurrency. Goldsand has stepped forward with a revolutionary approach to Ethereum staking that addresses a critical gap in the financial technology landscape.
The cryptocurrency ecosystem has long struggled to provide solutions that align with Islamic financial principles. With approximately 2 billion Muslims worldwide seeking ethical financial products, the challenge has been creating investment vehicles that respect Shariah law while offering competitive returns.
Ethereum staking represents an attractive financial opportunity, typically generating yields around 3%. However, traditional crypto staking mechanisms have posed significant challenges for Muslim investors. The fundamental issue lies in the potential contamination of transactions from sources considered Haram under Islamic law, such as gambling platforms, interest-based protocols, or transactions involving stolen assets.
Goldsand's innovative protocol tackles this challenge head-on by implementing a sophisticated validation system that filters out problematic transactions. Their approach creates what they term "pure blocks" - cryptocurrency transactions that strictly adhere to Islamic ethical standards while maintaining attractive yield rates. This breakthrough effectively transforms Ethereum staking from a potentially controversial financial instrument to a Shariah-compliant investment option.
The significance of this innovation extends far beyond a niche market solution. The Islamic financial sector represents a massive, largely untapped potential, with the Sukuk market alone valued at an impressive $4 trillion. Simultaneously, Middle Eastern and North African countries are emerging as global leaders in cryptocurrency adoption, creating a perfect confluence of opportunity and technological innovation.
Goldsand's vision extends well beyond Ethereum staking. The company is developing a comprehensive ecosystem of Shariah-compliant crypto products. Their roadmap includes exploring Halal staking solutions for other blockchain platforms, developing innovative trading tools that respect Islamic financial principles, and creating stablecoins and loan mechanisms that entirely circumvent traditional interest-based models.
What sets Goldsand apart is not just its technological innovation but its holistic approach to bridging traditional Islamic finance with decentralized financial technologies. By prioritizing ethical compliance and educational outreach, the company is positioning itself as a transformative force in the global crypto landscape.
The potential impact is profound. By creating crypto products that align with Islamic principles, Goldsand could unlock billions of dollars in capital that has been historically reluctant to enter the digital finance space. Their approach represents more than a financial product - it's a cultural bridge that demonstrates how cutting-edge technology can respect and integrate deeply held religious and ethical principles.
As blockchain technology continues to reshape global finance, initiatives like Goldsand's Halal Ethereum staking represent a critical evolution. They prove that financial innovation can be both technologically sophisticated and culturally sensitive, opening new pathways for global economic participation.
The future of decentralized finance is not just about technological capability, but about creating inclusive, ethical financial ecosystems that respect diverse cultural and religious perspectives. Goldsand is not just developing a product; they are pioneering a new paradigm of global financial engagement.
With its innovative approach, commitment to ethical principles, and vision for inclusive financial technology, Goldsand is poised to play a pivotal role in the next chapter of cryptocurrency's global expansion. Their journey represents a compelling narrative of how respect, innovation, and cultural understanding can create transformative financial solutions.
#HalalFinance #GoldsandProtocol #HalalInvestments #HalalDeFi #IslamicFinance $BTC $ETH $XRP
The cryptocurrency ecosystem has long struggled to provide solutions that align with Islamic financial principles. With approximately 2 billion Muslims worldwide seeking ethical financial products, the challenge has been creating investment vehicles that respect Shariah law while offering competitive returns.
Ethereum staking represents an attractive financial opportunity, typically generating yields around 3%. However, traditional crypto staking mechanisms have posed significant challenges for Muslim investors. The fundamental issue lies in the potential contamination of transactions from sources considered Haram under Islamic law, such as gambling platforms, interest-based protocols, or transactions involving stolen assets.
Goldsand's innovative protocol tackles this challenge head-on by implementing a sophisticated validation system that filters out problematic transactions. Their approach creates what they term "pure blocks" - cryptocurrency transactions that strictly adhere to Islamic ethical standards while maintaining attractive yield rates. This breakthrough effectively transforms Ethereum staking from a potentially controversial financial instrument to a Shariah-compliant investment option.
The significance of this innovation extends far beyond a niche market solution. The Islamic financial sector represents a massive, largely untapped potential, with the Sukuk market alone valued at an impressive $4 trillion. Simultaneously, Middle Eastern and North African countries are emerging as global leaders in cryptocurrency adoption, creating a perfect confluence of opportunity and technological innovation.
Goldsand's vision extends well beyond Ethereum staking. The company is developing a comprehensive ecosystem of Shariah-compliant crypto products. Their roadmap includes exploring Halal staking solutions for other blockchain platforms, developing innovative trading tools that respect Islamic financial principles, and creating stablecoins and loan mechanisms that entirely circumvent traditional interest-based models.
What sets Goldsand apart is not just its technological innovation but its holistic approach to bridging traditional Islamic finance with decentralized financial technologies. By prioritizing ethical compliance and educational outreach, the company is positioning itself as a transformative force in the global crypto landscape.
The potential impact is profound. By creating crypto products that align with Islamic principles, Goldsand could unlock billions of dollars in capital that has been historically reluctant to enter the digital finance space. Their approach represents more than a financial product - it's a cultural bridge that demonstrates how cutting-edge technology can respect and integrate deeply held religious and ethical principles.
As blockchain technology continues to reshape global finance, initiatives like Goldsand's Halal Ethereum staking represent a critical evolution. They prove that financial innovation can be both technologically sophisticated and culturally sensitive, opening new pathways for global economic participation.
The future of decentralized finance is not just about technological capability, but about creating inclusive, ethical financial ecosystems that respect diverse cultural and religious perspectives. Goldsand is not just developing a product; they are pioneering a new paradigm of global financial engagement.
With its innovative approach, commitment to ethical principles, and vision for inclusive financial technology, Goldsand is poised to play a pivotal role in the next chapter of cryptocurrency's global expansion. Their journey represents a compelling narrative of how respect, innovation, and cultural understanding can create transformative financial solutions.
#HalalFinance #GoldsandProtocol #HalalInvestments #HalalDeFi #IslamicFinance $BTC $ETH $XRP
sell high with borrowed crypto then buy back later at lower prices to pay your debt. in this way you can spot trade both ways. 100% halal. yes, you pay lending fees per hour. these fees happen to be small %. so, i mean the problem beginner traders face that in spot the halal option they can only buy is solved. if you borrow with 100% ratio you will only be lquidated if price is doubled which almost impossible. for e.g btc reach 200k. now cross trade now. Muslims who do futures. stop it is a derivative financial product. not real and overall haram. non Islamic. #IslamicFinance #futuretraders
Are cryptocurrencies halal?
Are cryptocurrencies halal? It depends! If the project avoids riba, gharar, and haram use, many scholars say it's permissible. Always research individual coins/projects for Sharia compliance. #CryptoHalal #IslamicFinance #Bitcoin #Ethereum #Blockchain
Source: Shiraverse
$BTC $ETH $XRP
Source: Shiraverse
$BTC $ETH $XRP
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