I’ve been thinking about this question lately: which trading methods actually comply with Islamic law? Is it trading халяль or haram? This is really important for many traders who believe in Islam. I’d like to share my understanding.

Many people ask whether futures trading is allowed. My answer is: it’s problematic. The core issue is asset ownership. In Islamic law, you cannot sell something that you don’t have actual control over. Prophet Muhammad once said a famous saying: don’t sell what you don’t own. This isn’t my opinion—it's a clear rule from the Quran and Hadith.

Why does futures trading not comply with this principle? Because futures are just contracts between two traders, and the actual transfer of assets never takes place. What you sign is only a promise, not true ownership and control of the asset. That’s why many scholars of Islamic finance believe that futures trading is not allowed. Leverage itself may be permissible in some cases because it resembles borrowing, but the entire structure of futures trading has problems.

Now let’s talk about spot trading. This is much simpler. Spot trading is completely lawful because you immediately obtain ownership and control of the asset. You get what you buy, and the asset enters your account. This meets all the requirements of Islamic law. But there is one condition: the cryptocurrency you trade itself must be permitted.

So what kinds of cryptocurrencies are prohibited? In my personal view: if a project involves gambling, interest, or businesses related to alcohol, it should be avoided. If the project itself is specifically designed for futures or perpetual contracts, it’s also best not to touch it. Simply put, any project that includes activities prohibited by Islamic law doesn’t meet the requirements. The project must have a legitimate real-world use. And those pure meme coins—I think they are also worth handling with caution.

So to summarize: the way of трейдинг халяль is spot trading with lawful currencies. Trading derivatives like futures and perpetual contracts is controversial from the perspective of Islamic finance. Of course, this is just my personal understanding and viewpoint, not financial advice or a ruling on Islamic law. Everyone should make decisions based on their own faith and principles. I recommend that everyone do their own homework before investing, and understand the principles behind what you’re trading.