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Crypto basics
What is the difference between maysir and qimar?
Answered by the ShariaQuant team
Maysir is the word the Qur'an uses (Al-Ma'idah 5:90), named after a pre-Islamic game in which men drew arrows for shares of a slaughtered camel. Qimar is the term the jurists use for a contract in which each side stakes something and the winner takes the loser's stake. Many scholars use the two words interchangeably, and those who separate them treat qimar as the clearest form of maysir, so the ruling is the same either way.
Where investing ends and gambling beginsThis 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.