Source: Tafsir al-Ahlam al-Kabir (Ibn Sirin)
The butterfly in a dream is a weak enemy with no strength. It indicates ignorance and vanity. Whoever sees himself chasing a butterfly is following a corrupt woman.
Source: Ta'tir al-Anam fi Ta'bir al-Manam (Al-Nabulsi)
The butterfly indicates a man who backbites people. It may also indicate good news.
Source: Al-Isharat fi Ilm al-Ibarat (Ibn Shahin)
The butterfly is interpreted as an adorned woman. Whoever sees a butterfly fluttering around him, a woman is deceiving him.