• Exchange is hope ke sath leverage deta hai ke majority traders lose karenge, aur wo unka liquidated paisa rakh lega.

3. Market Makers Kya Hain Aur Paisa Kaise Banate Hain?

• Market Makers bade financial institutions hote hain jo exchange ko liquidity provide karte hain.

• Liquidity Kya Hai?

• Jab tum buy ya sell karte ho, wo ensure karte hain ke koi hamesha opposite side pe ho (i.e., tumhari trade turant execute ho).

• Market Makers Ka Profit:

1. Spreads: Wo buy aur sell price ke beech ka difference lete hain (e.g., buy at $100, sell at $101).

2. Volume-Based Fees: Zyada trades hone par unhe exchanges se commission milta hai.

Logical Justification (Haram Kyu Nahi?):

Market makers ka kaam sirf liquidity provide karna hai. Wo directly kisi se interest nahi lete, na fixed profit ka demand karte hain.

4. Gharar Aur Futures Trading

• Gharar (Uncertainty):

Islam me har wo deal haram hai jisme excessive uncertainty ya fraud ho.

• Example: Tum ek aisi cheez ka contract sign karo jo exist nahi karti ya jisme fair information na ho.

• Futures Trading Halal Hai Kyu?

• Futures contracts me assets clearly defined hote hain (e.g., BTC, ETH).

• Dono parties ko apne risk ka pata hota hai, aur koi fraud nahi hota.

• Profit aur loss market ke movements par depend karta hai, na ke kisi fixed interest par.

• Ye risk-based hai, jo Islam me allowed hai, jab tak speculation excessive na ho.

Conclusion

1. Leverage aur Credit Card Alag Hain:

• Leverage me koi sood ya fixed repayment nahi hota, jo Islamic principles ke mutabiq hai.

2. Funding Rate Interest Nahi Hai:

• Ye ek adjustment mechanism hai jo market ko balance karta hai, fixed nahi hai.

3. Market Makers Aur Exchanges Haram Nahi Hain:

• Ye liquidity aur trading facilitation ke liye kaam karte hain, aur interest ya fraud ka hissa nahi bante.

4. Futures Gharar Nahi Hai:

• Ye ek transparent aur defined contract hota hai, jo fair information aur risk-based system pe depend karta hai.

next part in next article