The subject of futures contracts in Islamic law is one that scholars and jurisprudential institutions have thoroughly researched, and the most accepted and relied-upon authority in this context is the International Islamic Fiqh Academy. Here is a summary of the legal ruling and the reasons upon which scholars relied: Legal ruling: Forbidden (invalid in Sharia)
U.S. And Iran Agree to Halt Mutual Attacks, Plan Doha Meeting on Strait of Hormuz Dispute
Axios reported that the US and Iran agreed to stop attacking each other, according to a senior US official, with both sides planning to meet Tuesday in Qatar's capital to work out their dispute over the Strait of Hormuz. "We decided to stop all the kinetic activity," the senior US official told Axios. A second US official said both sides will stand down "for now" and that "vessels can move freely" as technical talks continue. Both US officials and a third source with knowledge confirmed Tuesday's planned meeting. The ceasefire is barely 11 days old and already on shaky ground, with renewed strikes by both sides and President Trump threatening to restart the war and "complete the job." The renewed fighting was sparked by competing interpretations of the MOU to end the war, especially its terms on the Strait of Hormuz. Under the MOU, Iran committed to make its best efforts to allow safe passage of commercial vessels through the strait, and in return the US lifted its blockade of Iranian ports. During negotiations in Switzerland last week, the US delegation headed by Vice President Vance agreed with Iran to establish a "hotline" between the US military and the IRGC to coordinate traffic in the strait, but as of Saturday it was still not operational even as Iran resumed claiming that ships need to coordinate passage. The Tuesday talks were originally set for Switzerland to address Iran's nuclear program, but the escalation moved them to a different venue and refocused them on the Strait of Hormuz. Nick Stewart, who heads the US technical team, is expected to participate.
GWEI, VELVET, and DEXE Lead Altcoins to Watch as July’s First Week Opens
ETHGas (GWEI), Velvet (VELVET), and DeXe (DEXE) ranked among the strongest altcoins to watch as the first week of July opens. GWEI jumped roughly 50% in 24 hours, VELVET rose about 275% in seven days, and DEXE gained near 40%, according to BeInCrypto, as all three showed breakout setups but with stretched indicators.
GWEI traded near $0.21 with $0.10 and $0.16 flipped to support and a $0.24 target; VELVET traded near $1.67 with resistance below $2 and support at $0.60 after an all-time high near $2.07 this week; DEXE traded near $21.78, targeting $30 and $38 after a cup-and-handle breakout, with resistance near $24.
Knowledge of the unseen is with Allah, O trading room. But the main event hasn’t started. The required process starts with a price range of 3 to 5 dollars. I see levels there, and Allah knows best.
غرفة_التداول
·
--
Bearish
$VELVET Was this bounce just an attempt to trick traders into opening long positions? Hurry up and open short trades—this coin’s momentum is over, guys. It will return to touching the 0.10 level again. 📉🔥
Knowledge of the unseen is with Allah. This is an indication and confirmation that the break has occurred: the breakout is a penetration of the previous peak with momentum, along with a close above the peak. Otherwise, what contradicts this is questionable. Knowledge of the unseen is with Allah; this is merely an analysis.
Excuse me, my brother Abu Badr, and thanks be to Allah the Almighty. May Allah reward you with goodness and grant you success.
Worth Wish
·
--
From the example of the great ones: to look after the circumstances of those around them, to care for them and guide them with a spirit of love, offering advice and guidance. It is a quality in which my name reveals the meaning of love for your brother—the same thing you would not like for yourself. He does not speak about himself, and it is our duty to offer thanks and praise to such a great figure. @Dr Basha1
#Velvet When its price was below 0.1$. Sometimes you need to keep part of the coin; don’t take it all out completely. Withdraw the capital and keep the rest of the coins.
# Velvet Capital: AI-Powered Onchain Trading Terminal $VELVET Velvet is an AI-powered onchain trading and portfolio terminal. It enables traders, builders, and institutions to discover opportunities, execute strategies, and deploy DeFi products through a single vertically integrated system. The platform combines a native trading application, an agentic Telegram interface, execution APIs, and an AI automation framework forming a unified DeFAI (Decentralized Finance + AI) stack that operates across multiple chains. There are four main ways to use our product: *** #### 1. AI Framework Velvet includes a self-improving multi-agent AI system built specifically for DeFi workflows. Traders can discover alpha, run market analysis, generate technical insights, and execute trades or DeFi actions through natural language commands. Specialized agents continuously learn from market data, user behavior, and execution outcomes improving decision quality over time without manual reconfiguration. Best for: Traders and researchers who want AI-driven analysis and execution without leaving their workflow. *** #### 2. Trading Terminal The Velvet Trading Terminal is a professional onchain interface for discovering, analyzing, and trading assets and DeFi opportunities directly from a self-custodial wallet. Users can explore trending tokens, new token launches, high-volume markets, and yield strategies. An embedded AI trading copilot surfaces real-time insights and opportunities alongside live market data. Best for: Active crypto traders who need speed, multi-chain coverage, and AI-assisted intelligence in one terminal. *** #### 3. Portfolio Management (Onchain Vaults) Velvet enables traders and communities to create onchain vaults with shared execution logic. Vault managers can launch private or public vaults with optional whitelists. Followers receive identical entry prices and execution quality with no slippage disadvantages or front-running risk relative to the manager. Best for: Public traders, investment groups, DAOs, and onchain communities seeking transparent performance records and aligned trade execution. *** #### 4. Custom App (White-Label DeFi Infrastructure) Velvet allows teams to launch fully branded DeFi trading or portfolio applications on top of its infrastructure. Projects, funds, and fintech platforms can deploy under their own domain while leveraging Velvet's execution engine, AI stack, and backend systems. This eliminates the time and cost of building core DeFi infrastructure from scratch. Best for: Crypto projects, asset managers, and financial platforms bringing onchain trading products to their users. $VELVET $VELVET #Velvet