Forex trading

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: What about forex trading, is it halaal or haram? Swap free accounts are offered by many forex brokers which they call Islamic forex trading accounts?

Bismillaah

A: It is not permissible.

And Allah Ta’ala (الله تعالى) knows best.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

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