Futures trading

In finance, a futures contract (sometimes called futures) is a standardized legal contract to buy or sell something at a predetermined price for delivery at a specified time in the future, between parties not yet known to each other. The asset transacted is usually a commodity or financial instrument. The predetermined price of the contract is known as the forward price.

197981

Investment . Futures trading

Is it allowed to trade futures contracts on indexes such as Nasdaq 100 or S&P 500, as well as commodities like copper, silver, or gold?

Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 7 months ago

Yes it is permissible to trade in indexes as well as commodities as far as there no unlawful business is involved.

Wassalam.

188570

Cryptocurrency . Futures trading

Is trading crypto futures allowed? In spot trading, we own the actual asset, which stays in our account even if it loses all value. In futures trading, particularly with leverage, we only have a digital representation of the asset.

According to leading scholars like Marje’ Taqleed Sayyed Musa Zanjani in Qum, dealing with crypto is allowed provided it does not break the rules and does harm anyone.

Wassalam.

188113

Cryptocurrency . Futures trading

Is future trading in cryptocurrency permissible considering it entails future contracts, leverage, and funding fees?

Yes it is permissible according to the Maraaje; who allow cryptocurrencies dealings provided that it does not break the law of land and it does not harm others.

Wassalam.

176402

Futures trading

Is binary trading permissible in Islam? It involves predicting the value of an asset's increase or decrease within a specific time frame based on chart analysis and technical skills. Success yields profit, while failure results in loss.

Such trading based on chart analysis and technical skills is permissible according to many leading scholars provided you don't trade in any unlawful business.

'Wassalam.

176192

Investment . Cryptocurrency . Futures trading

Is trading in perpetual future contracts allowed, especially Bitcoin perpetual futures contracts? These contracts involve cash settlements and indirectly affect the liquidity, market sentiment, and price of the underlying asset.

You need to write directly to you Marje’ of Taqleed as there are different opinions between the Maraaje’ on these matters. Some of them say it is allowed while others don’t allow it.

‘Wassalam.

167103

Cryptocurrency . Futures trading

Is future trading in cryptocurrency permissible according to Islamic teachings, despite some perspectives suggesting it is not allowed due to taking leverage from an exchange without possessing the money?

It is permissible according to the verdict of many leading Ulama in the Hawza as far as the trading does not involve any forbidden business.

wasalam.