Of course, futures contracts are usurious interest and are forbidden by Islamic law. As the brother mentioned, the losses exceed the capital itself and you may have a stroke. Did you see how God fears for you? God loves you, as someone said.
LIVE
الجني_الطيب
--
Futures Trading: How Leverage Can Swallow All Your Money in an Instant
Futures trading is very tempting because of the big profits, but there are big risks, especially with the use of high leverage. Let's explain the subject in a simpler way. What are futures? Futures contracts are agreements to buy or sell a specific asset in the future at an agreed-upon price today. This asset could be a commodity such as gold or oil, or a financial asset such as currency.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.