Pearl of Wisdom

'The first prophet from the Children of Israel (Barf Is ra'f was Moses and the last of them was Jesus, and [they had] six hundred prophets.'

Prophet Muhammad al-Mustafa [sawa]
Bihar al-Anwar, v. 13, p. 7, no. 5

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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
Salam brother
In regards to the previous related question, is it allowed
for us to sell or known as (going short) foreign currency?

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

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