Ask Qul - Business / Investment - Permissible to work in Derivatives

'I urge you to use the weapon of the prophets', upon which he was asked, 'What is the weapon of the prophets?', to which he replied, 'Supplication.'

Imam Ali ibn Musa al-Ridha [as]

Ibid. p. 468, no. 5

Sexual Ethics & Morals

# 824 - looking for someone in edda mu

Salaat / Prayers

# 709 - Passing wind from the rear

Business / Investment

# 808 - Masjid or Imam Bargah

Sexual Ethics & Morals

# 807 - penetration during period

# 806 - Female masturbation

Divorce / Talaq

# 798 - Divorce

Miscellaneous

# 797 - Kiss

# 792 - hidden buried treasure

Interfaith Dialogue

# 781 - Jesus death

Fasting / Sawm / Roza

# 776 - Husbands permissn

Ask Qul - QA

Question : #270

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.