How Muslims Can Engage In "Halal" Futures Trading On Binance?

If I am not wrong, thousands of Pakistanis and Muslims from across the globe use Binance for trading and investment. Some can even be seen writing and making good money.

If you are here for futures trading, you should not engage in anything and everything. As Muslims, it is our responsibility to choose the trading options that adhere to our faith and Islamic rules. A few practices to remember are shared below.

1. You should avoid speculations and concentrate on using futures contracts for hedging.

2. You can use Binance's Sharia Earn feature and choose one of its three cryptocurrencies, meaning $BNB , $ETH , and $SOL .

3. I strongly recommend you speak to a scholar or advisor regarding what is permitted and what should be avoided while trading.

Are you into futures trading?

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