Pearl of Wisdom

with regards to the creation of the human in the womb said, 'When four months are completed, Allah sends two creative angels...., and they ask, ?O Lord, shall it be wretched or prosperous?' Again, they are commanded, and they then ask, ?O Lord, what is its due date of death, its sustenance, and all other matters relating to its state [and he listed some of them]-?' And they then go about writing a covenant between his eyes.'

Imam Muhammad ibn Ali al-Baqir [as]
al-Kafi, v. 6, p. 13, no. 3

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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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