What is the Islamic perspective on future trading of commodities such as gold and silver, particularly concerning leverage and margin trading?
What is the Islamic perspective on future trading of commodities such as gold and silver, particularly concerning leverage and margin trading?
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 1 year ago
Future trading of commodities is allowed even if it involves leverage and margin trading as far as the trading itself does not involve unlawful deal or material.
Wassalam.