Let's honestly discuss why futures trading raises so many questions in Islamic finance.

I studied this issue and realized that the prohibition of futures contracts is based on three key principles. The first is gharar, meaning uncertainty. When you trade futures, you are essentially selling something you do not yet own or that may not even exist at the time of the deal. This contradicts the clear guidance in the Quran on fair transactions.

The second point is maisir, gambling. Honestly, speculative trading of futures contracts is very similar to betting. You profit from price fluctuations without owning the actual asset. The Quran explicitly condemns this as the work of Satan.

The third point is riba, interest. Financial mechanisms involved in futures trading often include interest rates, which are strictly forbidden in Islamic financial systems.

Islamic scholars from different schools agree on this issue. The Islamic Fiqh Academy of the OIC has issued clear resolutions declaring such trading unacceptable. Respected sheikhs like Yusuf al-Qaradawi and Muhammad Taqi Usmani have extensively discussed this topic in their works.

For me personally, this has become a serious matter of conscience. After several brothers and sisters pointed out the contradiction between my faith and my actions, I realized I need to change something. Starting today, I will no longer post advertisements about trading or future deals on my page.

Thank you to those who helped me understand this ❤️✅ Jazakumullahu khairan to everyone who reminded me of the importance of aligning my actions with my beliefs.