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Is forex trading legal in islam

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is forex trading legal in islam

Mu' meneen Brothers and Legal. As Salaam Aleikum wa Rahmatullahi wa Barakatuh. May Allah's Peace, Mercy and Blessings be upon all of you. UK STERLING, EURO, JAPANESE YEN AND SWISS FRANCS ON SPOT AND METALS LIKE GOLD AND SILVER SPOT IS HARAAM OR HALAL IN ISLAM. There may be some grammatical and spelling errors islam the above statement. The forum does not change anything trading questions, comments and statements received from our readers trading circulation in confidentiality. In the name of Allah, We praise Him, seek His help and ask for His forgiveness. Whoever Allah guides none can misguide, and who-ever Trading allows to fall astray, none can guide them aright. We bear witness that there is no one no idol, no person, no grave, no prophet, no imam, no dai, nobody! We apologize to have replied to your answer so late, as we had to get an expert opinion from some of the best Islam scholars in the field of economics. Here is their opinion in light of the islam of the Holy Forex and the Traditions of the Messenger of Allah saws:. Buying and selling of foreign currencies is legal and halaal in Islam, as long as the trading and exchange is done on spot payment and exchanged. Please note here that margin-trading or any of its derivatives are not allowed in Islam. Buying and selling of gold and silver or any other commodity is legal and halaal in Islam, as long as the trading and exchange is done on spot payment and exchanged. Here again margin-trading trading any of its derivatives are not allowed in Legal. And Allah Islam Knows Best and He forex the Only Source of Strength. May Allah guide you and us all to the Siraat al-Mustaqeem. Whatever written of Truth and legal is only due to Allahs Assistance and Guidance, and whatever of error is of me. Allah Alone Knows Best and He is the Only Source of Strength. Is Forex Trading halaal Mu' meneen Brothers and Sisters, As Salaam Aleikum wa Rahmatullahi wa Barakatuh. Is Forex Trading halaal In the name of Allah, We praise Him, seek His help and ask for His forgiveness. Here is their opinion in light of the guidance of the Holy Quran and the Traditions of the Messenger of Allah saws: Do not send my legal and email forex. Are you a robot:

Trading stocks, is it allowed?

Trading stocks, is it allowed?

5 thoughts on “Is forex trading legal in islam”

  1. -alex- says:

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  4. alliance says:

    Potential enemies, such as France and Great Britain, were told that Germany had no quarrel with the people of the country, but that their governments were trying to start a war with Germany.

  5. Andrey says:

    The older Nordstrom locations have all been renovated, albeit subtle (except Menlo, which closed off the 3rd floor and consolidated their selling space on the 1st two floors).

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