Just to explain for our Halal haram lovers |

Quran Ayat: Allah se Jang ka Elan (Surah Al-Baqarah 2:279)

“Aur agar tum ye (Sood) chhod do, to tumhare liye tumhara asal maal hai. Na tum kisi par zulm karo aur na tum par zulm kiya jaye. Lekin agar tum (Sood lena) nahi chhodte, to Allah aur uske Rasool ke khilaf jang ke liye tayar ho jao.”

Details Explained in Frank Roman Urdu

1. Credit Card Aur Leverage Ka Farq

• Credit Card:

Jab tum credit card use karte ho, bank tumhe ek fixed loan deta hai, jiska interest (sood) tumhe har mahine dena hota hai. Agar tum repay nahi karte, to wo compound interest (mote munafay ke sath) lagta hai, jo haram hai.

• Example: Tumne 10,000 PKR ka loan liya, agar nahi diya to wo tumse extra paisa vasool karenge. Ye zulm aur haram hai.

• Leverage (Trading Exchanges par):

Exchange tumhe leverage deta hai (e.g., 10x, 20x, 50x), jo tumhare apne funds ka multiple hota hai. Agar tumhara trade galat jaye, to sirf tumhare initial funds liquidate hote hain, lekin exchange tumse kuch extra vasool nahi karta.

• Example: Agar tumhare paas $100 hain aur 10x leverage use kiya, to tum $1,000 ka trade karte ho. Agar price 10% neeche jaye, to tumhara $100 khatam ho jayega, lekin exchange tumse aur paisa nahi lega.

• Logical Justification: Ye fixed repayment system nahi hai, aur isme koi sood nahi hai. Exchange tumhara loss sirf tumhare funds se recover karta hai.

2. Exchange Paisa Kaise Banata Hai?

1. Trading Fees:

Har trade ke upar exchange ek small fee charge karta hai (e.g., Binance 0.1% fees leta hai).

• Long ya short trade karo, exchange ko hamesha apni fees ka profit hota hai.

2. Funding Rate:

• Jab zyada log long karte hain, to long traders short traders ko funding rate pay karte hain (aur vice versa).

• Ye interest nahi hai, kyunki ye fixed nahi hota aur market dynamics ke mutabiq change hota hai.

3. Leverage Traders Se Profit:

• Zyada leverage wale trades generally loss me jaate hain (kyunki beginners galti karte hain).

next part in next article