What’s the Islamic ruling on options to buy sell something in the future ?
Fatawa Question
Are two parties allowed to simply agree to an ‘option’ for both parties in the future? for example, A agrees to an option with B that A may / may not buy something in the future. Likewise, B also agrees to an option to sell / not sell in future. Is this allowed ?
Fatwa
Click hereto view more
Publisher
al-Qalam Shariah Scholar Panel
Publication Date
2013-05-08
Country of Publication
United Kingdom
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726242
American Psychological Association (APA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2013-05-08. What’s the Islamic ruling on options to buy sell something in the future ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726242
Modern Language Association (MLA)
al-Qalam Shariah Scholar Panel (Manchester, England). What’s the Islamic ruling on options to buy sell something in the future ?. Manchester England : al-Qalam Shariah Scholar Panel. 2013-05-08.
https://search.emarefa.net/detail/BIM-726242
American Medical Association (AMA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2013-05-08. What’s the Islamic ruling on options to buy sell something in the future ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726242