Cryptocurrency Q&A Is futures contract allowed in Islam?

Is futures contract allowed in Islam?

SeoulSerenitySeekerPeaceLover SeoulSerenitySeekerPeaceLover Sat May 18 2024 | 7 answers 1635
Please refer to relevant websites for more information, and feel free to ask me any other questions. Is futures contract allowed in Islam?

7 answers

Carlo Carlo Sun May 19 2024
The Shariah holds that sale or purchase cannot be arranged for a future date.

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Eleonora Eleonora Sun May 19 2024
Futures transactions are a popular means of exchange in modern stock and commodities markets.

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lucas_emma_entrepreneur lucas_emma_entrepreneur Sun May 19 2024
This principle renders all forward and futures transactions invalid under Shariah law.

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CryptoWizard CryptoWizard Sun May 19 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that cater to different needs.

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isabella_taylor_activist isabella_taylor_activist Sun May 19 2024
This popularity can be attributed to several reasons, foremost among them being the hedging opportunities it offers.

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