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  • Islamic Sharia

    Futures/Leverage Trading In Crypto

    Posted by Ali Hussnain on July 20, 2024 at 1:19 am

    1. What is leverage?

    2. What is the concept of leverage/future trading in crypto

    3. What is the concept of sood in crypto trading?

    4. Are there any other factors other than sood due to which leverage trading haram?

    5. Dose the use of leverage for trading crypto actually fullfil the requirements for sood or violates any another principal?

    6. Can a person make profit from something of declining nature?

    7. Why is it haram(if so)?

    8. Why is it halal(if so)?

    NOTE :

    It is my humble request to not just explain principles of Islam while answering these questions but also apply those principles in all these situations so that there will be clarity regarding permissibility or prohibition of such acts. Because I have tried my best to find clarity on permissibility or prohibition but nobody has actually addressed the practical situation, rather explained those principals.

    For instance:

    How the principle of Sood is to be applicable on Leveraging or Profit with declining nature?

    Thanks.

    Umer replied 3 months ago 2 Members · 1 Reply
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