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CryptoZenPips: When Greed Disguises Itself as Opportunity

Автор Admin, Июнь 16, 2025, 10:41

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CryptoZenPips presents itself as a platform offering crypto trading, forex signals, automated trading bots, and so-called "investment packages" promising passive income. Like many similar ventures, it attempts to attract Muslims and unsuspecting investors with promises of easy earnings through modern technology.

However, when viewed through the lens of Islamic spirituality and ethics, serious violations emerge.

Riba (Usury, Unjust Profit)


First, we must confront the issue of riba, which Islam unequivocally condemns.

  • The business model of CryptoZenPips heavily depends on forex and crypto trading, both of which often involve highly speculative practices.
  • Forex trading is widely considered non-compliant with Shariah due to its reliance on margin trading, overnight swaps, excessive speculation, and gambling-like behavior.
  • Profits are often derived from pure price differences without any real trade, service, or value creation — resembling pure riba.
  • Offering "investment packages" with promised or projected returns is a typical red flag indicating interest-based revenue models or even Ponzi-like structures.

"Those who consume riba will not stand (on Judgment Day) except like the one whom Satan has driven to madness." (Qur'an 2:275)

Gharar (Uncertainty, Ambiguity, Risk)


Next, we address the element of gharar — excessive uncertainty and ambiguity forbidden in Islam.

  • The extreme volatility of both the crypto and forex markets creates high levels of financial uncertainty.
  • Investors cannot reliably predict profits, while the platform markets these schemes as "safe passive income," misleading people into false security.
  • Shariah explicitly forbids contracts based on excessive uncertainty, risk, or ambiguous outcomes — which perfectly describes speculative trading platforms like this.

Maysir & Tadlis (Gambling and Deception)


We must also highlight the spiritual dangers of maysir (gambling) and tadlis (deception).

  • Speculation on asset price fluctuations without real underlying trade closely resembles gambling, which is strictly prohibited.
  • Promising effortless wealth with minimal knowledge or effort preys on greed and naivety, violating the ethical foundation of Islamic commerce.
  • The platform provides little to no transparency about its team, regulatory oversight, licenses, or investor protections.

"O you who believe! Intoxicants, gambling, sacrificing to stones, and divination by arrows are an abomination of Satan's handiwork. So avoid them that you may prosper." (Qur'an 5:90)

Absence of Real Economic Contribution


Finally, we must examine whether CryptoZenPips contributes to real economic development.

  • The platform neither funds real businesses nor produces goods or services.
  • Its operations revolve entirely around speculative trading and attracting new participants — offering no benefit to society.
  • It is, in truth, a soulless shell exploiting the hopes of people for easy, unjustified profits.

Conclusion


CryptoZenPips is spiritually dangerous, economically hollow, and ethically deceptive. It violates multiple Shariah principles — including riba, gharar, maysir, and tadlis — while contributing nothing to genuine economic welfare. Participation in such schemes endangers both faith and financial wellbeing.

"Indeed, wealth earned unlawfully has no blessing in it, and the Fire is its final abode." (Hadith)