You're right. Futures are haram because they rely on leverage and interest or funding fees. They also become like gambling, since you bet on the price going up while the other party bets on it going down—so one party's gain is the other party's loss. May God guide us all, God willing.
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Mo7_crypto
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Allah obliterates usury and makes charity grow.
However tempting the profits from futures and leveraged trading may seem, remember that they are forbidden and impermissible, and that by doing this you are consuming unlawful wealth. Whatever grows from unlawful means, the Fire has a greater claim to it. Do not let the life of this world deceive you, for it is fleeting. Yes, we all want wealth, palaces, and a life of luxury, but that does not mean we should turn to what is forbidden to achieve those gains.
$OP
$NEAR
#cpi
However tempting the profits from futures and leveraged trading may seem, remember that they are forbidden and impermissible, and that by doing this you are consuming unlawful wealth. Whatever grows from unlawful means, the Fire has a greater claim to it. Do not let the life of this world deceive you, for it is fleeting. Yes, we all want wealth, palaces, and a life of luxury, but that does not mean we should turn to what is forbidden to achieve those gains.
$OP
$NEAR
#cpi
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