Why crypto futures are haram:
Crypto Futures Are Haram Because
Gharar – Too much uncertainty and risk
Maisir – Similar to gambling
No Ownership – You don't own the actual crypto
Riba – Often involves interest through leverage
These go against key Islamic finance principles
They’ve been around since 2015
They serve millions of users across the globe
And soon, they’ll be listing $VRA
We’re excited to announce that @LBank_Exchange—one of the largest CEXs in the space—is bringing Verasity to its platform 🌍
Addressing recent market dynamics on our native token $VRA
Earlier today, we witnessed a sudden and sharp drop in the price of $VRA, which understandably caused concern among some of our holders. We’d like to clarify the facts of what occurred and provide a complete statement without contributing to unnecessary speculation or confusion.
@okx published an announcement regarding the delisting of margin contracts, including VRA and MEMEFI.
This information potentially led to immediate panic, particularly in a low-liquidity margin environment, which caused the price to drop abruptly.
Market making algos across markets reacted to this volatility by selling off VRA on spot markets to match the rapid futures price drop.
As a result, cascading stop-loss orders were triggered across trading platforms, amplifying the downward momentum.
This confusion led to further panic among unaware traders, causing wider concern.
Importantly, this was not an issue related to the fundamentals of Verasity or its operations. Our business, team, and roadmap remain solid. No technical exploit, token change, or business failure occurred. This was purely the result of market dynamics around a third party margin delisting process.
Additionally, we maintain healthy and continuous communications on the matter with our friends over at OKX, and spot trading remains untouched on their platform.
Lastly, as always, we remain focused on delivering meaningful technology, onboarding partners, and growing Verasity’s presence in the digital ad space and our long term vision.
Laakiin waa inay buuxiyaan shuruudo adag:
In hantida ay tahay crypto dhab ah oo aad leedahay.
Leverage ama riba aan jirin.
Ganacsigaaga uu yahay mid la fahmi karo, cadaalad ah, oo aan khamaar ku saleysneyn
Hadaba maxaa xalaal ah wanka Soo Hadli doonaa I.a
Aan kuu sii faahfaahiyo sababaha ugu waaweyn ee ay culimada badankood u arkaan in futures trading ee crypto uu xaraam yahay, iyo dhanka kale sababta ay qaar u oggol yihiin:
1. Sababaha Ay U Arkaan Inuu Xaraam Yahay:
a. Gharar (Qiyaas la’aan ama hubanti la’aan)
Firi commentska
2. Doodda ay Culimada qaar ku oggolaadeen (Shuruudo adag):
Culimo yaryar ayaa qaba in:
Haddii aad faham buuxa leedahay, aadna si mas’uuliyad leh u gelayso ganacsiga adigoon khatar xad-dhaaf ah gelin, laga yaabo in qaar ka mid ah futures-ka loo oggolaan karo.
d. Leverage (Amaah + Riba):
Waxaa lagu isticmaalaa leverage – taas oo macnaheedu yahay inaad lacag amaahdo si aad u kordhiso faa’iidada (ama khasaaraha).
Amaah badan oo futures-ka ku jirta waxaa ku lifaaqan ribaa, taas oo si cad xaraam u ah
c. Maysir (Khamaar):
Futures trading wuxuu inta badan u egyahay khamaar, sababtoo ah:
Waxa aad gelinayso ma aha maalgashi, waa sharad ah in qiimaha uu kor u kaco ama hoos u dhaco.
Inta badan dadka ganacsiga ku jira waxay luminayaan lacag, sida khamaarayaasha
b. Ma lihid crypto-ga (ma jiro milkiyad dhab ah):
Futures-ku kama dhigayo in aad dhab ahaan haysato crypto-ga (sida Bitcoin).
Diinta waxay shardi ka dhigeysaa milkiyad dhab ah iyo wareejin (qabd) marka la kala iibsado lacag, dahab, ama waxyaabo la mid ah.
Futures trading waxaa ku jira mugdi badan, maxaa yeelay lama hubo:
In aad faa’iido helayso ama khasaare.
In hantida la iibinayo ay dhab ahaan jirto.
Diinta Islamku waxay mamnucday ganacsi ku saleysan qiyas iyo khatar aad u sarreysa (Prophet (CSW) wuxu mamnuucay "bay' al-gharar