Pearl of Wisdom

It is unlawful for anyone to use the property of his brother except by his consent.'

Prophet Muhammad al-Mustafa [sawa]
Kanz al-'Ummal, no. 30345, and many more traditions in this regard. See Kanz al- 'Ummal, v. 10, p. 637 and v. 1, p. 92

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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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