Frequently Asked Questions

What is a prediction market?

A prediction market is a marketplace where people trade on the outcomes of real-world events, such as sports results, oil prices, and political developments. Prices reflect what the crowd collectively expects: if a contract on an event trades at 70 cents, the market estimates roughly a 70% chance it happens.

How do prediction markets work?

Each market asks a clear yes-or-no question about a future event. You buy shares in the outcome you believe in, and prices move as more people trade, so they always reflect the latest collective forecast. When the event is decided, correct predictions pay out.

Are prediction markets halal?

Scholars hold different views on prediction markets, and the assessment can depend on how a specific platform is structured. We are building OkazMarket with our region's values in mind, and we will publish full details of how the platform works before launch so you and the scholars you trust can make an informed judgment. This is not a religious ruling. Please consult a scholar you trust.

When does OkazMarket launch?

We are preparing our private beta now. The first 5,000 people on the waitlist get early access before the public launch. Join the waitlist and we will email you as soon as your spot opens.

What can I trade on OkazMarket?

Markets focused on our region and the world: sports like the Saudi Pro League, oil and energy prices, politics, economics, and major cultural events. After launch you will also be able to suggest new markets.

What is the difference between OkazMarket and Polymarket?

Polymarket serves a global, English-speaking audience. OkazMarket is built for the Middle East first: an Arabic-first experience, markets about the events that matter to our region, and a product shaped around local needs from day one.

Is OkazMarket available in my country?

We plan to launch across the Middle East and North Africa, expanding country by country in line with local regulations. Join the waitlist to help us prioritize which countries open first.

Be among the first to trade

The first 5,000 on the waitlist get early access.

Join the Waitlist