🕌 Muslim Perspectives on Futures Trading 📉🚫

🛑 *Prohibited Practices:*
- **Gharar:** Futures contracts involve buying goods that don't exist yet, violating Islamic law.
- **Short-selling:** Selling goods not owned violates Islamic ownership principles.
- **No Physical Delivery:** Contracts allow resale before actual delivery, contrary to Islamic law.
- **Riba:** Dealing in bonds is considered usury and forbidden in Islam.
- **Uncertainty:** Excessive uncertainty in contracts is against Islamic principles.
- **No Hand-to-Hand Exchange:** Transactions must involve physical exchange per Islamic law.
- **Dealing in Debt:** Futures contracts often involve debt dealings, which are not allowed in Islam.
- **Cash Settlement:** Contracts settled in cash rather than physical assets are not permissible.

💬 Share your perspective below! What are your thoughts on futures trading in Islam?

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