SARA HASHEM

on

April 20, 2025

Tradeum for Islamic Accounts: How Sharia-Compliant Is It?

Tradeum for Islamic Accounts How Sharia-Compliant Is It Really? Many Muslims worldwide are interested in crypto trading but…

2 min read

Tradeum for Islamic Accounts

How Sharia-Compliant Is It Really?

Many Muslims worldwide are interested in crypto trading but often hesitate due to religious concerns.
Questions like:
Is crypto halal? Are bots using interest or leverage? What if the bot trades in doubtful assets?
These concerns are valid—and Tradeum stands out by offering a high degree of transparency and user control, making it a strong candidate for those seeking sharia-compliant investing.


Does Tradeum Use Interest, Leverage, or Derivatives?

No.

Tradeum is built exclusively for spot trading. It does not involve:

  • Futures contracts
  • Leverage or margin
  • Overnight interest fees
  • Debt-based trades
  • Any form of speculative contracts

✅ That means it avoids the core principle of riba (usury), which prohibits any profit derived from lending.


What About the Assets Being Traded? Are All Coins Sharia-Compliant?

Not all cryptocurrencies are created equal. Some may be backed by projects or technologies that raise doubts.

Here’s where Tradeum offers a key advantage:

  • Users can manually filter out any coins they don’t want to trade
  • You can limit the bot to work only with a custom list of tokens you consider permissible
  • Tradeum operates through your Binance account, so you control which assets are allowed or blocked

💡 Bottom line: You decide which coins to include, based on your own ethical or religious standards.

Learn more Tradeum


Are the Subscription Fees Problematic?

No.

  • Tradeum charges a fixed subscription fee upfront
  • No commissions on profits
  • No conditions or performance-based contracts
  • No hidden financing costs

✅ This minimizes any uncertainty (gharar), making the payment system clear, fixed, and independent of trading outcomes.


Is There an Official Fatwa or Certification?

As of now, Tradeum does not have a formal fatwa or certification from a recognized Islamic authority.
However, the way it operates aligns with many of the principles adopted by Islamic finance boards regarding:

  • Spot trading only
  • Avoidance of riba
  • No speculative contracts
  • Transparency and user control

⚠️ The team is exploring the possibility of formal certification as part of its future roadmap.


How Does Tradeum Compare with Other Bots?

FeatureTradeumMost Other Bots
Type of TradingSpot OnlyOften includes Futures
LeverageNot usedFrequently used
Interest FeesNoneOften charged
Customizable Coin ListYesRare or not available
Fee ModelFixed and upfrontVaries, sometimes tied to profits

5 Steps to Make Your Tradeum Setup More Sharia-Compliant

  1. Use a Binance Spot account only (no margin or futures)
  2. Manually exclude coins you believe are doubtful or non-compliant
  3. Do not use staking or earn programs tied to interest
  4. Monitor your trade history regularly for peace of mind
  5. Reach out to Tradeum support for assistance in configuring your preferences

Final Verdict

Tradeum is not marketed as an “Islamic financial product,”
but it offers all the tools a user needs to operate within their own halal boundaries.

If you’re looking for:

  • Interest-free trading
  • No margin, no futures
  • Full control over which coins are used
  • Transparent, fixed pricing

Then Tradeum provides a practical and flexible option for sharia-conscious traders.

Your compliance is in your hands—and Tradeum gives you the settings to make it happen.

SARA HASHEM

on

April 20, 2025

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