"Why can trading in futures contracts be considered haram? Not everything is crypto, folks!"
Many enter the cryptocurrency market and start trading contracts they haven't seen or owned at all!
You buy and sell something imaginary, and you gain or lose just from the price movement... but wait!
Here’s the legal question:
Is it permissible to buy and sell something you don't own?
The answer is from the Prophet Muhammad (peace be upon him):
"Do not sell what you do not have" – Narrated by Abu Dawood and Al-Tirmidhi.
So, why are futures contracts considered haram?
Because you do not actually own the asset
There is a kind of gambling (gharar): a big risk without ownership
They often involve leverage, which sometimes falls under usury
In summary?
Not everything in crypto is halal...
And quick profits, if they violate Sharia, can cause you to lose the blessings of your sustenance before your wealth!
What do you think? Do you agree that futures contracts have ambiguities? Or do you see them as just a trading tool?
Share your opinion in the comments
#Trade_With_Your_Law #كريبتو_حلال #Financial_Awareness #حلال_أهم_من_الربح