Yang Halal Forex Trading
The answer is: yes, forex is halal and cfd halal too. trading forex is halal because trading is a business where an entrepreneur risks his investment with the expectation of making money later. forex trading is not gambling and there are no loans in this business (no repayment with interest) so this business does not violate islamic religious laws. Islamic halal forex trading most of the people around the globe accept the fact that purchasing stocks is halal and is definitely not haram. the reason behind this acceptance is that the person holding a share is a partner in the business that makes them eligible to get an equal percentage of profits that are earned through proper utilization. As per islamic law, forex trading can only be permissible or halal if the transaction or currency exchange is performed hand to hand. the prophet mohammed thought of exchanges of different types of commodities that would be made between two parties, recognising that this was a natural and just aspect ...