Futures trading’s Halal or Haram status depends on the way it’s done and which Islamic scholars you follow.
From most Islamic finance scholars’ perspective:
Conventional crypto/forex futures are often considered Haram because they involve
Gharar (excessive uncertainty)
Maisir (gambling/speculation)
Leverage with interest-based borrowing (Riba).
Some scholars also view it as a form of betting on price movement rather than actual asset ownership.
However, Halal-compliant derivatives could exist if:
No interest (Riba) is charged.
The contract is asset-backed and fully owned before selling.
It’s used for hedging, not pure speculation.
If you want, I can explain the exact fatwa references and how Binance Futures fits under Islamic rulings. Would you like me to do that?
