Explore my portfolio mix. Follow to see how I invest!So, here is the complete explanation about this issue that every muslim trader facesđ˘..taunts from family and many moređđ..
Here is the answer of that answerđđ
â Why Many Scholars Say Futures Trading is Haram:
1. Gharar (Excessive Uncertainty):
Futures involve buying and selling contracts for assets not owned or possessed at the time of trade.
In Islam, selling what you donât own is not allowed (Hadith: âDo not sell what is not with youâ â Tirmidhi).
2. Riba (Interest):
Futures often involve leveraging and margin trading, which include interest-based borrowing or overnight charges.
Any form of riba (interest) is strictly forbidden in Islam.
3. Speculation & Gambling (Maisir):#PEPEBrokeThroughDowntrendLine Explore my portfolio mix. Follow to see how I invest!So, here is the complete explanation about this issue that every muslim trader facesđ˘..taunts from family and many moređđ..
Here is the answer of that answerđđ
â Why Many Scholars Say Futures Trading is Haram:
1. Gharar (Excessive Uncertainty):
Futures involve buying and selling contracts for assets not owned or possessed at the time of trade.
In Islam, selling what you donât own is not allowed (Hadith: âDo not sell what is not with youâ â Tirmidhi).
2. Riba (Interest):
Futures often involve leveraging and margin trading, which include interest-based borrowing or overnight charges.
Any form of riba (interest) is strictly forbidden in Islam.
3. Speculation & Gambling (Maisir):#BTCFellBelow$69,000Again Explore my portfolio mix. Follow to see how I invest!So, here is the complete explanation about this issue that every muslim trader facesđ˘..taunts from family and many moređđ..
Here is the answer of that answerđđ
â Why Many Scholars Say Futures Trading is Haram:
1. Gharar (Excessive Uncertainty):
Futures involve buying and selling contracts for assets not owned or possessed at the time of trade.
In Islam, selling what you donât own is not allowed (Hadith: âDo not sell what is not with youâ â Tirmidhi).
2. Riba (Interest):
Futures often involve leveraging and margin trading, which include interest-based borrowing or overnight charges.
Any form of riba (interest) is strictly forbidden in Islam.
3. Speculation & Gambling (Maisir):#BTCFellBelow$69,000Again $FOGO
