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

'The inner knowledge of the self is the most beneficial of all such knowledge.'

Imam Ali ibn Abi Talib [as]

Ghurar al-Hikam, no. 9865

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.