HLLF Options Chain - Halal Financial Services Inc. Options Chain - MarketWatch

My question is on options trading. In options, you are actually purchasing the right to buy a stock at a future date for a fixed price. Mu' meneen Brothers and Sisters,. As Salaam Aleikum wa Rahmatullahi wa Barakatuh. May Allah's Peace, Mercy and Blessings be upon all of you. Brother, salaam u alaikum,. In options, you are actually purchasing the right to buy a stock at a future date for a fixed price regardless of the current price in the market.

If you exercise the option, you buy at the price set in the past, otherwise, you do nothing and the option expire and you lose what you paid for the option. Is this type of trading allowed in Islam?

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The three main factors that make a stock haraam according to the scholars is as follows: The company should not deal in a product which is declared haraam in its essence in Islam. The company should not deal in a product which is used to harm a muslim country. Arms manufacturing in a pagan country, etc.

Only the pure buying, holding, and selling of lawful stocks is termed permissible by the scholars. All types of other derivative transactions like buying options, shorting the stock, buying calls, selling calls, buying puts, selling puts, or straddles, or any other variations and derivatives are not lawful.

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In options, you are actually purchasing the right to buy a stock at a future date for a fixed price Mu' meneen Brothers and Sisters, As Salaam Aleikum wa Rahmatullahi wa Barakatuh. Do not send my name and email address. Are you a robot: