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?
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?
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 2 years ago
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.