Exchanges and wallets

Is P2P trading halal?

Answered by the ShariaQuant team

Yes, and it is one of the cleanest ways to buy, because both sides hand over their side in the same session. Watch for two things, an escrow that holds your funds and pays a yield, and price spreads so wide they stop being a sale and start being a fee for waiting.

Halal remittances without riba

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.

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