#JELLYJELLYFuturesAlert

Futures are contracts to buy or sell a specific underlying asset at a set future date. The underlying asset can be a commodity, a security, or some other financial instrument.Contracts that trade in the future value of a security or index. For example, there are futures for the S&P 500 and Nasdaq indexes. There are also futures for debt products, such as U.S. Treasury bonds and German Bundesobligation (BOBL) bonds.futures trading is generally considered haram (unlawful) due to concerns about excessive uncertainty (ghairar) and the potential for speculation, which are not permissible under Sharia law. Futures are a type of derivative contract agreement to buy or sell a specific commodity asset or security at a set future date for a set price. Learn more about the key contract specifications in each futures contract.