Investment

Is Futures Trading Halal?

To begin with, it is a well-established Shariah principle that a sale or purchase cannot be delayed. As a result, in Shariah, all Forward and Futures transactions are invalid. Why is futures trading permissible? The essential concept of futures trading and transactions is that they are Halal unless the legislator specifies otherwise. Although the shareholder […]

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Are Futures Halal?

To begin with, it is a well-established Shariah concept that a sale or purchase cannot be delayed. As a result, in Shariah, all Forward and Futures transactions are invalid. Is it Shariah-compliant to trade futures? Contract for Futures The Shariah Advisory Council of the Securities Commission (2006) decided that futures contracts are Shariah-compliant. Why is […]

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