📉📿 Is Futures Trading Allowed in Islam? Let's Understand! 📿📉

Peace be upon you, dear friends!

Today we are answering a very important question:

❓ What is the Islamic view on futures trading?

🧠 What is Futures Trading?

In futures trading, you make a deal today to buy or sell something (like Bitcoin) at a set price on a future date.

But the problem is:

You don’t own the item yet.

You don’t receive the item right away.

You are only trading based on price guessing.

⚖️ What Islam Says

Most Islamic scholars say futures trading is not allowed (haram). Here’s why:

🚫 Main Problems in Futures Trading:

1. Uncertainty (Gharar) – The trade is unclear and risky.

2. Gambling (Qimar) – It is mostly guesswork and price betting.

3. No Real Possession – You don’t get the item in hand.

4. Interest (Riba) – Many platforms use interest or leverage.

🧕 Scholars' Opinions

📌 Mufti Taqi Usmani (Famous Islamic Scholar)

> “In futures contracts, the product is neither present nor delivered — so it is not allowed.”

📌 Darul Uloom Deoband & Al-Azhar University

> “If the asset is not given or taken, then it is haram.”

✅ What Kind of Trading Is Halal?

👉 Spot Trading is allowed. Why?

You buy and sell real assets.

You fully own what you buy.

No interest. No betting. No loans.

📢 Final Answer:

❌ Futures Trading = Haram in Islam

✅ Spot Trading = Halal and Safe