#ShariaEarn
๐ฟ #ShariaEarn | Is Futures Trading Halal or Haram in Islam? ๐๐
A growing number of Muslims are entering crypto and trading โ but is futures trading Shariah-compliant? Here's a quick breakdown:
โ Why Most Scholars Say Futures Are Haram:
Gharar (Uncertainty): Selling what you donโt own.
Riba (Interest): Leverage involves interest.
Maisir (Gambling): Speculation without real assets.
Delayed Payment/Delivery: Islam prefers immediate exchange.
โ When It's Considered Halal by Some:
Structured as Salam or Forward contracts.
Tied to halal assets with real delivery.
No leverage, riba, or short selling.
Used for hedging, not gambling.
๐ง Scholarly Sources:
AAOIFI and Darul Uloom: Futures = haram.
Modern scholars: Possible if structured ethically.
๐ Halal Investment Options:
โ
Islamic mutual funds
โ
Shariah-compliant stocks
โ
Sukuk (Islamic bonds)
โ
Real estate or gold
๐ Always consult your local Mufti or Islamic finance expert before investing.