#MarketRebound
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2. Margin Trading
Description: Borrowing money from the platform for larger trading, and repaying it with fees.
Religious Ruling:
Allah says: "O you who have believed, do not consume usury, doubled and multiplied" [Al-Imran: 130].
The Messenger of Allah (peace be upon him) said:
"May Allah curse the one who consumes usury, its payer, its writer, and its witnesses, and they are all the same" (Narrated by Muslim).
The companion Abdullah ibn Mas'ud said: "Usury, no matter how much wealth it brings, its consequence is loss".
The Tabi'i Al-Hasan Al-Basri said: "Usury is a door from the doors of Hell, and no believer should enter it".
Contemporary Scholars:
Islamic Fiqh Academy: "A loan conditioned with an increase, whether it is called interest or fees, is prohibited usury".
Ruling: Forbidden Example: You have $100 and use leverage of ×10 to borrow $900, and pay it back with an increase – this is usury.
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