$ETH

The futures contracts that take place in this market are mostly not real sales, nor real purchases; because there is no exchange between the two parties to the contract as is required for the exchange in both or either of the two, according to Sharia.

Secondly: The seller in these contracts often sells what he does not own of currencies, stocks, or loan bonds or goods, hoping to buy them from the market and deliver them on time, without receiving the price at the time of the contract, as is required in Salam.

Thirdly: The buyer in these contracts often sells what he has purchased to another before taking possession of it, and the other sells it also to another before taking possession, and so the sale and purchase of the same thing is repeated before taking possession until the transaction ends with the last buyer, who may want to receive the sold item from the first seller, who has sold what he does not own, or hold him accountable for the price difference at the time of execution, which is the settlement day, while the role of the buyers and sellers - other than the first and last - is limited to receiving the price difference in case of profit, or paying it in case of loss, at the mentioned time, just as it occurs among gamblers.