Exchanges and wallets

Is Binance halal to use?

Answered by the ShariaQuant team

You can use a mixed exchange for the halal part of what it offers, in the same way you can buy bread from a shop that also sells things you avoid. Keep to spot, and switch off the products that put you in a prohibited contract. The exchange is not the ruling, the product you press is.

Is your crypto exchange halal?

This is Shariah screening and education, not financial advice. Rulings on newer products differ between scholars, so where a question is disputed we say so rather than pick a side for you. If your situation is unusual, ask your own scholar.

More on exchanges and wallets

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