$FUTURES TRADING IN ISLAM – HALAL OR HARAM?
🕋 Let’s make it clear.
🔴 Why Most Scholars Say Futures Are Haram:
Gharar: Too much uncertainty.
Riba: Involves interest, which is forbidden.
Maisir: Like gambling — betting on prices without owning assets.
Delayed Settlement: Islam requires prompt payment or delivery.
✅ When Some Scholars Allow Futures:
Must follow strict Islamic rules:
Based on a real halal asset (like wheat, oil)
No interest or leverage
Used for protection (hedging), not gambling
📚 Islamic Opinions:
AAOIFI and Darul Uloom Deoband say normal futures are haram.
Some scholars explore Islamic alternatives, but not regular futures.
🟢 Conclusion:
❌ Normal futures trading is haram.
✅ Look into halal options instead, like:
Islamic stocks and mutual funds
Sukuk (Islamic bonds)
Real estate and commodities
💬 Still confused? Ask a local Mufti or Islamic finance expert.
🙏 Trade halal. Earn pure.