Can muslims do forex trading?

In Islamic law, there is a rule of “riba”, which prohibits the use of specific interest or fees. The Qur'an considers interest unjust for the persons paying the riba. That is why to keep your trading halal, you need to use a Forex account without interest.

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2024-02-05 15:57:19

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The Muslim scholar al-Qaradawi states that singing and music in itself is permissible and pleasurable. He places several restrictions on them though. The content of the song should not be against the morals and teachings of Islam or be accompanied by other forbidden things in Islam like alcohol.
2024-02-11 17:31:30

Is forex trading haram?
According to Islamic scholars, the permissibility of forex trading depends on the specific circumstances of the trade. In general, forex trading is halal as long as it is conducted within certain guidelines. These guidelines include: No interest-based transactions.
2024-02-02 22:55:42

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2024-01-19 20:06:01

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