The topic of Forex trading prohibition in Islam is vast and controversial. Many points of view exist on different aspects of
I also recommend looking at the list of the Forex broker that offer
Feedburner
Right-Side Top Menu
Serving Traders Since 2005
The topic of Forex trading prohibition in Islam is vast and controversial. Many points of view exist on different aspects of
I also recommend looking at the list of the Forex broker that offer
August 23rd, 2009 at 5:23 pm
I will talk with muslim scholars about this matter
▼Reply
FAURE Reply:
April 4th, 2010 at 3:04 am
Salam’,
Do you have any answers so?
Thanks in advance,
▼Reply
August 17th, 2010 at 6:43 pm
Recently I cam across the article on the Internet on same subject and since then I am trying to search about the issue raised by the writer that wether foreign currencies shall be treated as same class or different class. the link to article is:
http://myblog.hazariba.com/Islamic+Legality+of+FOREX+business
▼Reply
November 2nd, 2010 at 2:16 pm
Assalamualykum, i have tryed to read this article but the english is a bit complicated for me to understand everything, but im just wondering is it halal to use a broker u mean? And what should a do to make the trading as islamic as possible?
▼Reply
admin Reply:
November 2nd, 2010 at 3:42 pm
1. Trade on accounts with no overnight interest on positions (swaps).
2. Trade on accounts with no yearly interest on balance.
3. Optionally, trade without margin. This is a point of debates, but if you want to be completely sure, use no leverage in Forex trading.
▼Reply
ata Reply:
September 30th, 2011 at 5:53 am
How can one not use leverage?
▼Reply
admin Reply:
September 30th, 2011 at 6:22 am
One can trade without leverage with a broker that supports 1:1 leverage – that is, no margin.
▼Reply
June 1st, 2011 at 5:53 pm
plz send me complete info about what says sharia about dcapforex trading online
▼Reply
admin Reply:
June 1st, 2011 at 6:06 pm
What’s dcapforex?
▼Reply
October 5th, 2011 at 9:49 pm
If u traded with no leverage then u would need over 100k to buy 1 lot!!!
If u are trading less then 1 lot which is a 100k, u r not trading in the live market, so ur trading in a box enivorment so ur not even trading real money , like a Market maker!!!
Like panda who trade against u
▼Reply
Usman Reply:
October 5th, 2011 at 9:50 pm
Oanda for trade against you
▼Reply
admin Reply:
October 5th, 2011 at 10:01 pm
There are ECN brokers with mini and even micro lots.
▼Reply