โ Is Futures Trading Halal in Islam?
Letโs break it down ๐๐
๐ซ Why Most Scholars Say Itโs Haram:
1๏ธโฃ Selling what you donโt own (Gharar)
2๏ธโฃ Involves Interest (Riba)
3๏ธโฃ Speculation = Gambling (Maisir)
4๏ธโฃ Delay in delivery/payment โ
๐ AAOIFI & Deoband: Futures = Haram
โ When It Can Be Halal:
โ๏ธ Shariah-structured only
โ๏ธ No leverage, no interest
โ๏ธ Real assets, real purpose (hedging)
๐ Final Verdict:
Standard futures = Not Halal
๐ก Go for:
โข Shariah stocks ๐
โข Islamic mutual funds ๐ฆ
โข Sukuk & real assets ๐๐
๐คฒ Purify your trade. Protect your Rizq.
โ๏ธ CryptoFiqh | Islamic Finance
