Is it permissible to buy or sell something at a specific price at a specific time; for example, to agree with someone to sell something for ten dollars on the thirty-first day, where my profit or loss will depend on the price of this thing at that time, and the same applies to buying?
It is permissible to purchase a described commodity to be delivered at a specified future date, provided that the full payment is made at the time of the contract. This […]
What is the Islamic ruling on options contracts on shares/stocks?
The object of the option contract is merely the right to buy or sell for a certain price. So what is being sold is the option itself, and this contract […]