Assalamu Alaikum friends!
Today, letโs understand an important question:
๐ โIs Future Trading allowed in Islam or not?โ
๐ What is Future Trading?
In future trading, you agree to buy or sell an asset (like Bitcoin) at a fixed price in the future โ without actually owning that asset at the time of the contract.
โ๏ธ Islamic Perspective:
๐ธ Most Islamic scholars consider Future Trading as haram because:
It involves Gharar (uncertainty and ambiguity)
It often resembles Qimar (gambling/speculation)
Real delivery of the asset usually doesnโt happen
It uses interest-based leverage (Riba) in many cases
๐ Fatwa References:
โถ๏ธ Mufti Taqi Usmani says:
โIn future contracts, the asset is neither present nor owned โ thatโs why it is not permissible.โ
โถ๏ธ Darul Uloom Deoband and Al-Azhar University also declare it haram when real asset delivery is missing.
โ What Kind of Trading is Halal?
๐ Spot Trading, where:
Real coins/assets are bought and sold
You get full ownership
No interest (Riba), no borrowing with leverage
๐ข Conclusion:
โ Future Trading (with speculation & leverage) = Haram (according to Islamic rulings)
โ Spot Trading (with real ownership) = Halal
๐ Always earn through halal ways so there is barakah (blessing) in your income.
๐ Share this with others so they can also learn!
$PEPE $DOGE