#ShariaEarn 🔴 Why Many Scholars Say Futures Trading Is Haram:
1. Gharar (Uncertainty):
Futures involve uncertainty about future prices and delivery, which can be considered gharar, and that is prohibited in Islam.
2. Riba (Interest):
Many futures contracts, especially in forex or crypto, involve leverage and interest-based borrowing, which is riba (usury) and strictly forbidden.
3. No Real Asset Ownership:
In futures, you often don't own the asset you're trading (e.g., oil, gold, crypto). Islam requires actual ownership before selling.
4. Speculation (Maysir):
Futures trading is often highly speculative and risky — similar to gambling (maysir), which is haram.
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✅ When It May Be Halal:
Some scholars allow Islamic-compliant futures trading if:
There's no leverage (no borrowing with interest).
There's no excessive speculation.
You're buying/selling real assets, not just contracts.
You take delivery or have the option to do so.
It follows Islamic finance principles and is approved by a Shariah board.