[Trading gold]

Fatawa Question

As-Salam `Alaykum ! Can we trade gold (futures / options) in the commodities market ? I came across a Hadith of our Prophet (peace be upon him) that 6 commodities must be exchanged “like for like” and gold is one amongst them. Does this Hadith imply we should not trade gold ?

Fatwa

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Publication Date

2008-03-12

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-732588

American Psychological Association (APA)

Qahf, Mundhir. 2008-03-12. [Trading gold]. .
https://search.emarefa.net/detail/BIM-732588

Modern Language Association (MLA)

Qahf, Mundhir. [Trading gold]. 2008-03-12.
https://search.emarefa.net/detail/BIM-732588

American Medical Association (AMA)

Qahf, Mundhir. 2008-03-12. [Trading gold].
https://search.emarefa.net/detail/BIM-732588