🕌💥 IS FUTURES TRADING HALAL OR HARAM IN ISLAM? Let's settle this once and for all! 💥🕌
👉 Is futures trading permissible in Islam?
In futures trading, you enter into a contract to buy or sell an asset at a fixed price in the future — but do not own the asset and do not take possession of it during the transaction.
⚖️ Most Islamic scholars consider this to be HARAM.
❌ Gharar (uncertainty): The agreement is vague and indefinite
🎲 Qimar (gambling): High speculation = gambling
🚫 No actual delivery: You never actually own the asset
📉 Riba & Fish: Often involves interest-based systems
📚 Fatwas of scholars:
▶️ Mufti Taqi Usmani:
"Futures contracts do not involve real ownership and possession — therefore, they are not permissible."
▶️ Darul Uloom Deoband & Al-Azhar University:
"If there is no actual delivery of the asset, futures trading is HARAM."
✅ So what is Halal?
Spot trading
✔️ You buy/sell actual cryptocurrency
✔️ You gain full ownership
✔️ No leverage, no interest
✔️ Transparent & compliant with Sharia
📢 Conclusion:
❌ Futures trading = HARAM
✅ Spot trading = HALAL