🕌 Muslim Perspectives on Futures Trading

Discover why futures trading is deemed impermissible in Islam:

- *Gharar*: Islamic law prohibits contracts for goods that don't exist at the time of agreement.

- *Short-selling*: Ownership of the sold object is a must in Islamic transactions.

- *Physical Delivery*: Islam mandates physical delivery before resale or settlement.

- *Riba*: Dealing in bonds is considered usury and is prohibited.

- *Uncertainty*: Contracts with excessive uncertainty are against Islamic principles.

- *Hand-to-hand Exchange*: Required for transactions to be permissible.

- *Dealing in Debt*: Prohibited in Islam.

- *Cash Settlement*: Cash settlements, rather than physical delivery, are not allowed.

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