๐Ÿ”ถ #Binance and Islam: Does trading comply with Sharia? ๐Ÿ•Œ๐Ÿ“‰

In the world of cryptocurrencies, many wonder:

Is trading on platforms like Binance halal? ๐Ÿค”

โœ… Some see it as halal provided that:

โ€ข No usury

โ€ข No gambling

โ€ข No trading on prohibited projects

โ€ข Commitment to transparency and good intentions

๐Ÿšซ While others see it as haram due to:

โ€ข Excessive speculation

โ€ข Ambiguity and ignorance

โ€ข Projects that have no basis or real value

๐Ÿ’ฌ Scholars' opinion?

Opinions vary, but the best approach is:

Ask a trusted scholar, and ensure that your trading does not contradict the principles of Sharia.

๐Ÿ’ก Reminder:

Wealth is a blessing if it is from halal sources,

and beware that your sustenance does not come at the expense of your religion! ๐Ÿ™