This is a living example that reflects the wisdom of Islamic law in prohibiting leverage and usurious loans. Islam prohibits these tools because they are based on unfair foundations and great risks that lead to the depletion of people’s money in illegal ways.
Why does Islam prohibit leverage and usurious loans?
Riba (interest): Riba is a conditional increase on money lent, and it is forbidden because it leads to clear injustice. When money is borrowed with interest, the debtor bears the additional burden, even if he is unable to repay, which leads to financial distress.

Cryptocurrency prices have seen a significant decline this week, due to several main factors:
1. US Federal Reserve Decisions: The Federal Reserve announced a 0.25 basis point interest rate cut, which led to volatility in financial markets, including the cryptocurrency market.
2. Important economic data: Major economic reports were released in the United States, such as the services PMI and labor market reports, which affected investor sentiment and led to market volatility.

In our current era, cryptocurrency trading has become one of the most popular topics among investors and traders around the world. With the increasing interest in this field, many questions arise about the legitimacy of this type of trading, whether from an economic or religious perspective. Here we are not only talking about the basics that a novice trader should know, but also addressing important aspects related to the religious rulings governing cryptocurrency trading, thus laying the scientific and religious foundation for beginners.

APTOS APT/USDT
Buying opportunity
First goal: 16.09
Second goal: 16.33
God knows best

Support and resistance are two of the most important concepts in technical analysis of financial markets, especially in stock and currency trading. These concepts are used to identify price levels at which the price may stop or change direction, thus helping traders make better decisions about entry and exit points.

1. Support concept:

We are about to finish preparing a comprehensive book for beginners in trading, consisting of 10 carefully researched chapters. This book aims to enable any beginner to gain the basic knowledge he needs to start trading with confidence and awareness. By reading the book and implementing the practical exercises it contains, the reader will be able to advance to an advanced level and become an experienced trader.

Many traders feel that the market is moving against them as soon as they enter a trade. This phenomenon is common, especially among beginners, and raises fundamental questions: Is the market against me? Or is the problem with my decisions? To answer, we must analyze the subject from all sides to understand the reasons behind this problem and identify practical solutions to it.

Some beginners in the world of trading, who feel excited and tempted by the promises promoted by the market, may make ill-considered decisions such as selling their properties or investing their personal money in cryptocurrencies. However, this is a high-risk adventure and should be strictly avoided.
Why is selling property to speculate in cryptocurrencies a bad decision?

In our modern world, the cryptocurrency market is undergoing rapid transformations, with trends and opportunities constantly changing. Hence, continuous learning becomes one of the essential elements for achieving success in this field, as deep and renewed knowledge is not just an advantage, but a prerequisite for staying competitive.

Why is continuous learning so important?

Many beginners wonder if they can enter the world of trading with small amounts. The answer is yes, but this requires thoughtful strategies and careful planning to build a balanced investment portfolio. In this article, we will discuss practical steps that will help you start with the smallest amount possible and get the most out of it.

1. Setting a financial goal

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When traders face times of market volatility, it is essential to follow well-thought-out strategies to analyze and better understand the market. Volatility is a natural phenomenon that occurs in any financial market, where prices change unpredictably between rising and falling, making it difficult to identify clear trends. Here are some points to focus on when analyzing the market during times of volatility:

Entering the world of trading requires more than just a desire to make quick profits; it is a journey that requires learning, patience, and discipline. For beginners, the first step is to understand the basics of trading, such as how markets work, how to read charts, and how to use analytical tools such as Fibonacci.
It is essential for a new trader to start with a very small amount, no more than $20 or $30, to gain experience without putting his capital at risk.

I am not a Mufti, but we as Muslims must all be aware of Allah’s limits in our daily financial dealings, as we will be asked about every dinar we earn or spend. Therefore, it is necessary to learn and inquire about what forbidden transactions should be avoided. Even non-Muslims, out of concern for their money, should stay away from risky practices such as leveraged trading, as failure in this type of trading can lead to complete loss of money and many these days have lost all their money due to leverage.

What is leverage?
Leverage is a financial mechanism that allows a trader to control a larger amount of capital than they have available by borrowing from a broker. For example, if a trader uses a leverage of 1:10, every $1 of capital allows them to trade $10 worth of capital.
The main purpose of leverage is to increase the trader’s purchasing power, which increases the chances of making profits from small market movements. However, it also increases the risks, as it can lead to large losses if the market moves against the trader’s expectations.

At the request of one of our dear followers, he requested an article. About the time analysis, we say the following:

Time analysis is a type of technical analysis that relies on studying the relationship between time and price to understand market behavior and determine accurate timings for entering or exiting trades. This analysis is characterized by focusing on the role of time cycles and historical patterns to predict future price movements.

In the world of trading, mistakes are part of the learning process, but they can be very costly, especially for beginners. These mistakes can lead to significant financial losses and frustration that may push the trader to give up on this field. In this article, we will highlight the most common mistakes that new traders make, and how to avoid them to improve performance and build a successful trading career.