📌 Is Futures Trading Halal or Haram in Islam?

Futures trading refers to contracts where you agree to buy or sell an asset at a predetermined price at a future date. While it's common in both traditional markets and crypto (like Binance Futures), many scholars have serious concerns about its permissibility under Islamic law.

🟥 Why Many Scholars Say Futures Trading Is Haram:

1. Gharar (Excessive Uncertainty):

Futures involve high levels of speculation and uncertainty, which is prohibited in Islam.

2. Leverage & Margin (Riba/Interest):

Most futures platforms allow trading with borrowed funds (leverage), which involves interest-based loans — considered riba, a major sin in Islam.

3. Non-Ownership at Time of Contract:

In many futures trades, the buyer does not own the asset at the time of sale, which violates the principle of “selling what you don’t own.”

4. Speculative Nature (Maysir/Gambling):

Crypto and commodity futures are often highly speculative, resembling gambling, which is clearly forbidden in Islam.