islamicview
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Islamic View on Spot Trade and Future Trading:
1. *Spot Trading*: Permissible (Halal) as it's a cash transaction involving immediate delivery of the asset.
2. *Future Trading*: Generally considered impermissible (Haram) due to:
- Gharar (excessive uncertainty)
- Maisir (gambling/speculation)
- Selling something not yet owned (short selling)
Some scholars allow futures trading if:
* Underlying asset exists and is deliverable
* Genuine need or necessity
* Proper risk management, not speculative
Consult a qualified Islamic scholar or Shariah advisor for specific guidance.
#islamicview #BTCVSGOLD #TrumpTariffs #BinanceAlphaAlert $ZEC $BNB $ETH
1. *Spot Trading*: Permissible (Halal) as it's a cash transaction involving immediate delivery of the asset.
2. *Future Trading*: Generally considered impermissible (Haram) due to:
- Gharar (excessive uncertainty)
- Maisir (gambling/speculation)
- Selling something not yet owned (short selling)
Some scholars allow futures trading if:
* Underlying asset exists and is deliverable
* Genuine need or necessity
* Proper risk management, not speculative
Consult a qualified Islamic scholar or Shariah advisor for specific guidance.
#islamicview #BTCVSGOLD #TrumpTariffs #BinanceAlphaAlert $ZEC $BNB $ETH
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