Understanding

**halal and haram financial practices** is crucial in crypto. Here’s a breakdown of

**forbidden transactions in Islam** and why they matter:

*5 Key Reasons Certain Transactions Are Haram**

1️⃣ **Riba (Interest)** – Earning or paying interest on loans.

2️⃣ **Gharar (Uncertainty/Excessive Risk)** – Deals with unclear terms or extreme speculation.

3️⃣ **Maysir (Gambling)** – Profit based purely on chance, not real value.

4️⃣ **Ghash (Deception/Fraud)** – Manipulation, scams, or misleading practices.

5️⃣ **Selling What You Don’t Own** – Trading assets without ownership or control.

### **Common Haram Crypto Activities (Avoid These!)**

🚫 **Leverage Trading (50x, 100x, etc.)**

- Why? Extreme risk (Gharar), resembles gambling, and may involve interest.

🚫 **Futures & Perpetual Contracts**

- Why? Trading unowned assets with high uncertainty and delayed settlement.

🚫 **Binary Options & Price Prediction Markets**

- Why? Pure speculation—like betting, not investing.

🚫 **Short Selling**

- Why? Selling assets you don’t own, with speculative risk.

🚫 **Interest-Based Crypto Lending (e.g., Binance Earn)**

- Why? Fixed returns from interest (Riba) are prohibited.

As Muslims, we must seek **halal income** and avoid doubtful transactions. Always research before investing!

**Share to educate others!** ⬇️