Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 2 months ago

Binary options is new way of investments which must be explained in details to the Marja' of Taqleed to seek the Islamic ruling on it. Please right more details about: What you buy? What you sell? How do you expect profit? What is the reason of loss if any beside the fall of the price?

Some people claim that binary options is like gambling. We can not accept their claim before having authentic evidence based on full details.

After we receive the full details, we will forward it to the Marj' of Taqleed iA.

Wassalam.