Islamic Binary Options Account:

Modern day trading have gone a long way from traditional trading of goods and commodities, which were physically exchanged while doing business. Early traders of Muslim faith used to cross vast oceans and lands to trade all over the world. They were liked all over, because their methods of trading are truthful, principled and dictated by the teachings of their faith. This tradition continues up to this day. The specialty with Muslim traders is that they follow different methods in business from the conventional methods that everybody else practices.
There are very few Binary Options brokers, who have established special accounts specifically designed for their Muslim customers, strictly adhering to Sharia law. They offer interest free Islamic binary options account.

Best brokers offering Islamic binary options account are :

Broker Info Bonus Islamic Traders Open Account
IQ Option Assets: More than 500 Assets
Payout: upto 91%*
Demo Account: Yes
Min Deposit: $10
No Bonus. USA Allowed Visit Broker Read Review
Binomo Assets: More than 43
Payout: Up to 90 %
Demo Account: Yes
Min Deposit: $10
Up to $250 USA Allowed Visit Broker Read Review
Binary.com Assets: More than 180 assets
Payout: up to 100 %
Demo Account: Yes
Min Deposit: $5
High payout up to 100% USA Allowed Visit Broker Read Review

* Amount to be credited to account for a successful trade.

These Islamic binary options trading accounts have a no Interest (Riba) policy. Positions can be kept open till expiry without interest being charged. They also assure that no fees will be charged from these Islamic accounts. Some brokers also have a dedicated Islamic staff for support and trading experts fluent in Arabic as well as the intricacies of Sharia law.
Implementing of Sharia law’s in the trading of binary options, has come as a welcome relief to thousands of traders of deep Islamic faith who were locked out of binary options. Today, all they need to do is sign up to the Halal binary options brokers and they are ready to trade.

IQ Options:

IQ Options provides the following to the Islamic Traders.

  • Interest free trading – no extra charges for opening closing or holding your position.
  • Full transparency – fair market data with no spreads.
  • HIBAH – an opportunity to donate a percentage out your profits to charitable organizations without any fees.
  • No leverage trading.Free internet based trading platform.

IQOPTION.COM :

  • Islamic client of iqoption.com, who open an Islamic account, which is free from any additional charges and/or financial penalties.
  • Islamic binary options account will enjoy the following benefits: All IQ Option traders have the privilege of interest free trading. This advantage is also be shared with our Islamic account members, who are allowed to keep an investment open without paying any extra charges. As a valued trader, you’ll receive a fair & validated service under IQ Option’s policy. You shall never experience hidden spreads, charges or fees at IQ OPTION.

 

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