Is Futures Trading Halal for Islamic Traders

Is Futures Trading Halal for Islamic Traders

Long a popular investment in worldwide financial markets, futures trading lets traders gamble on the price swings of several underlying assets like equities, currencies, and commodities. However, the issue of whether futures trading is halal—that which Islamic law permits—often surfaces for Muslim investors. Sharia law binds Islamic traders; it forbids some financial transaction practices, including […]