Boom and Crash Synthetic Indices

[Umer_Saeed]

Assalam O Alaikum everyone.

Can anyone guide me regarding the Shariah Compliance Status of the Boom and Crash Synthetic Indices?

https://www.wikifx.com/en/newsdetail/202205245114246029.html#:~:text=The%20movement%20of%20these%20indices,to%20manipulate%20its%20movement%20pattern.&text=The%20Boom%20and%20Crash%20Indices,pairs%20and%20commodities%20traded%20today.

I am looking to trade them but need to know first if they are Shariah Compliant or not.

Thankyou

[Mufti_Faraz_Adam]

Wa alaykum salaam,

These synthetic indices are not Shariah compliant.

Allah knows best