Hey! 😊 Let’s support each other with mutual activity — likes, comments, and follows. I already followed you and interacted with your posts. Hope you’ll do the same! 🔁💬❤️
Bernadette Sandlian bsEk
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🕌 **Futures Trading: Halal or Haram?** Muslim Traders — Think Before You Click That 100x Leverage. ⚠️ Don’t let hype cost you your **Akhirah**. Here’s the truth 👇
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❌ **Why Many Scholars Say Futures Are HARAM**:
1️⃣ **Gharar (Uncertainty):** You're selling what you don’t own. That’s not trade — that’s speculation.
2️⃣ **Riba (Interest):** Margin trading often involves hidden interest. Islam forbids all forms of it.
3️⃣ **Maisir (Gambling):** Pure bets on price movements = gambling in disguise.
4️⃣ **No Immediate Exchange:** Sharia requires *immediate delivery* in most sales. Futures delay this — problem.
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✅ **When Can It Be HALAL?** Only if ALL these are met:
🔹 The asset is **real**, halal, and tangible 🔹 No leverage, no riba 🔹 Full ownership & risk transfer 🔹 Used for **hedging**, not high-risk profit
(This mirrors the **Salam contract** in Islamic finance — NOT your average futures trade.)
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📚 **Scholar Positions**:
* **AAOIFI**: ❌ HARAM * **Darul Uloom Deoband**: ❌ HARAM * **Contemporary Views**: ✅ HALAL (but ONLY under strict Sharia conditions)
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⚠️ **Real Talk**: Most futures platforms = glorified gambling apps with nice UI. Don’t trade your **akhira** for a pump-and-dump.
💡 Want Halal Options? Explore: ✔️ Islamic Stocks ✔️ Sukuk ✔️ Shariah-Compliant Mutual Funds ✔️ Real Assets (Gold, Real Estate)
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💬 **Your Call:** Are you building halal wealth — or just chasing hype? Let’s be honest with ourselves. Allah is watching. ☝️ \#HalalHustle #IslamicFinance #CryptoInIslam #Binance #MuslimInvestors
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.