الشريعة

(A special gift for the first article pinned on my channel 💲)
Futures contracts are popular financial instruments used to trade assets at agreed future prices. However, in Islam, their permissibility is questioned due to their nature and some of the practices associated with them.

Reasons for prohibition:

1. Not owning the asset: Futures contracts allow the sale or purchase of assets that are not owned at the time of contracting, which is considered a sale of what is not owned.