๐ Is Futures $BTC Trading Halal or Haram?
Muslim $BNB Traders โ Think Before You Leverage โ ๏ธ
โ Most Scholars Say HARAM โ Why?
1๏ธโฃ Gharar โ Unclear contracts = gambling
2๏ธโฃ Riba โ Margin = interest = forbidden
3๏ธโฃ Maisir โ High-risk speculation = haram
4๏ธโฃ No Immediate Exchange โ Violates Islamic trade rules
โ When It Could Be Halal (rare):
โ๏ธ Real, halal asset
โ๏ธ No leverage or interest
โ๏ธ Actual ownership
โ๏ธ Used to hedge risk, not chase profit
๐ Verdicts:
AAOIFI = โ Haram
Deoband = โ Haram
Modern = โ Only under strict conditions
โ ๏ธ Most futures = digital casino
๐ก Trade$ETH halal. Sleep peacefully. Win both worlds.