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Thread: Is forex trading Halal in Islam?

  1. #251
    Banned Nazmul is an unknown quantity at this point Nazmul's Avatar
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    I think that the forex trading is allowed (halal) in Islam because when you open a forex trading account then you select swap or no swap so if you are a Muslim you must be select no swap.

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  3. #252
    Senior Member sai is an unknown quantity at this point sai's Avatar
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    is subject ke bare me to mai kuchnahi kah sakta kyo ki ye dharm se related hai or eski bare me muslim bhai kog hi bta sakte hai kya hota hai halal and haram .

  4. #253
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    es subject ke bare me jada kuch nahi pta hai eske bare me muslim bhai hi kuch bta sakte hai ki halal kya hota hai or haram . ye darm se related hai or eski koee jankari nahi hai

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    Member sinaga is on a distinguished road sinaga's Avatar
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    by Islamic forex trading is halal trade. forex registered and a legal business. and in my country, forex trading has been approved by the Islamic law. so I was very confident, forex trading is halal trade. although many people say, forex is a game of chance.
    believe me, one day you can be a successful trader

  6. #255
    Banned rebate lover is on a distinguished road rebate lover's Avatar
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    main bhe es baat main confuse hoon qeuon keh es main hmary money loss keh full by full chances hoty hain , jo keh juey ki aik shakal ekhtiar kar jati hai, or trading main kabhi aisa nahe hota keh ap ka sara paisa loss ho jay, trading main ap k pass paisy k bdly kuch na kuch ata hai lekn juey main ya tou aye ga ya jaye ga, same case is here

  7. #256
    Senior Member Taraq is an unknown quantity at this point Taraq's Avatar
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    In forex trading their is loss& profit.we know if some thing ant ony buy& after some thime he sell with profit .It good business,But in forex trading their are no product or any other real things to sell/buy.so I am little confuse about its halal in islam.

  8. #257
    Senior Member anikroy is an unknown quantity at this point anikroy's Avatar
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    As far as it is a Swap free account Forex is Halal as there are equal chances of a trader suffering losses as he can gain profits.So if you are not paying any kind of interest it is Halal.

  9. #258
    Trusted Member ObaFX is on a distinguished road ObaFX's Avatar
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    forex is completely allowed in Islam, the only problem is that Islam is against paying and receiving of interest rates which is what we call swap fee in forex but some brokers are already offering swap free account to fix this.

  10. #259
    Senior Member yogesh is a jewel in the rough yogesh is a jewel in the rough yogesh is a jewel in the rough yogesh's Avatar
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    Well though i cannot understand the reason for not allowing interest in islam, while we know that after some period our buying capacity depreciates and so interest is actually compensating that in one way, still good that islam followers can trade using swap free acccount without going against their religious rules.

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    Forex help us to solved our financial problems and I think is legal business , It is legal because trader have work hard and invest their time and learn about it , like another real job also there is a swap account (no commissions) .

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