Is Futures Trading halal in Islam?

The basic principle in futures trading and transactions is that it is Halal except as stipulated by the legislator . The shareholding company, although not regulated by Islamic law its controls must be legal and ethical in its activites and contracts.4 gün önce

Interest (Ribah) in any form or shape, even assignation with it in securing, calculating, paying, etc, are all Haram as well as all “SPECULATIVE” transactions and association therewith. In Forex leverage OR even forward bookings (which are based on speculation) is Haram .

Firstly, it is a well recognised principle of the Shariah that sale or purchase cannot be affected for a future date. Therefore, all Forward and Futures transactions are invalid in Shariah .