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  • Cryptocurrency Future Trading

    Umer updated 7 months, 2 weeks ago 3 Members · 4 Replies
    Islamic Sharia

  • Ahsan

    Moderator September 18, 2023 at 4:39 am

    pls see Discussion 48229

    • Aamer Ali

      Member September 18, 2023 at 9:20 am

      I am specifically asking about future trading of crypto. Because in this type of trading we actually do not own the underlying asset and we go LONG/BUY or SHORT/SELL and we make profit or loss. If you understand this please guide me about its sharia compliantness.

    • Umer

      Moderator September 19, 2023 at 5:23 am

      Also, there is no absolute condition of physical possession imposed by Sharia in economic transactions. If there is fairness in the transactions and no element of deception or fraud, then all such transactions are permissible. Please see for discussion on the issue of physical possession:

      Discussion 86500

  • Ahsan

    Moderator September 18, 2023 at 11:21 am

    Pls see Discussion 50049

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