Home » Hanafi Fiqh » Askimam.org » Salaams. Can i trade Forex? (ie) buying and selling currencies. The trading is during a period of a single day. Is it halaal to trade these currencies?

Salaams. Can i trade Forex? (ie) buying and selling currencies. The trading is during a period of a single day. Is it halaal to trade these currencies?

Answered as per Hanafi Fiqh by Askimam.org
Answer

We are busy researching forex and are having discussions with their
administration on the matter.

and Allah Ta’ala Knows Best

Mufti Ebrahim Desai
FATWA DEPT.

Original Source Link

This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.