• IBF Net Classics

  Salam and Commodity Futures

  Posted by Deleted User on January 24, 2022 at 9:49 am

  Is commodity futures trading prohibited by the Islamic Shariah? The following reasons are usually offered.
  

  1. There is no exchange of physical goods.
  2. The goods are not produced yet.
  3. It involves predicting the future
  4. It involves hoarding, (holding the goods from the market until the prices go up to sell at profit)
  5. It is a type of insurance.
  6. It is a form of gambling.

  This discussion is part of IBF Net Classics. Access the original discussion at https://conference.ibfnet.group/wp-content/uploads/2023/05/salamfutures.pdf.
  Discussants:

  Ali AbdulKader
  Abdulkader Steven Thomas
  Mahmoud A. El-Gamal
  Muhammed-Shahid Ebrahim

  • This discussion was modified 3 weeks, 2 days ago by  hello.

  Deleted User replied 1 year, 4 months ago 1 Member · 0 Replies
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