Pearl of Wisdom

Verily Allah, Mighty and Exalted, has placed the believers' livelihoods whence they do not anticipate it to come, and that is because when the servant does not know the location of his livelihood, his supplication for it increases.'

Imam Ja'far ibn Muhammad al-Sadiq [as]
al-Kafi, v. 5, p. 84, no. 4

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Question : #270 Category: Business / Investment
Subject: Permissible to work in Derivatives
Question: Is it Permissible to work in Derivatives?
Answer: Derivatives can involve selling what you do not own at all, which is not allowed in Islam.
If you sell with a promise to deliver after some time, then it is allowed.
Follow Up
Question:
Salam brother
In regards to the previous related question, is it allowed
for us to sell or known as (going short) foreign currency?

Thanks
Follow Up Response
Question:
Buying and selling foreign currency, at market price and for more or for less, is in order meaning its permissible.

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