* Transparency and Fairness: The transaction should be transparent and fair, free from any practices of fraud or deception.

* Hedging and Risk Management: It may be permissible if used for legitimate hedging purposes and to mitigate risks, not for pure speculation.

* Absence of Riba or Prohibited Transactions: Contracts should not include any interest or other prohibited elements.

* Actual Ownership: In the case of sale, the seller must be the owner of the traded asset.

Legal Alternative:

The Salam contract is considered one of the legal alternatives similar to futures contracts, where the price is paid in advance and the goods are received at a later date, provided that the seller receives the full price in the council, and the goods are described accurately to prevent ambiguity.

Conclusion:

The default ruling on futures contracts prevalent in global markets is prohibition, due to their inclusion of legal pitfalls such as uncertainty, riba, and selling what one does not own. Therefore, it is advised to refer to trusted scholars and avoid any type of trading that raises doubts or contradicts legal values.