Forex trading menurut islam

Is it permissible to forex in currencies in the foreign exchange market forex over menurut Internet? What is your opinion regarding the issue of tabiyeet stipulating interest for not using the deal at the same islam What is also your trading about the clearing process which menurut to delay submitting one to two days after the contract trading.

It is permissible to deal in currencies if the deal is done hand to hand and the transaction is free of conditions that stipulate riba, such as the stipulation of fees for delaying the forex, which is interest that is charged to the investor if he does not take a decision concerning the deal forex the same day.

With regard to hand to hand exchange, this has been discussed in the answer to question no. With regard to the fees for delaying islam deal and trading in margins, a statement has been issued by the Islamic Fiqh Council concerning this, which says the following: Praise be to Trading alone and blessings and peace be upon the one after whom there forex no Prophet, our master and Prophet Muhammad, and upon his family and forex. After listening to the research that has been submitted and the detailed discussion trading this forex, the opinion of the council is that this transaction involves the following: This is interest that is charged to the purchaser if he does not make a decision on the same day, and which may be a percentage of the loan or a set amount.

This is a menurut of haraam riba. Allaah says interpretation of the meaning: Fear Allaah and give up what remains due to you from Ribaa from now onward if you are really believers. And if you do not do it, then take a notice of war from Allaah and His Messenger but if you repent, you shall have your capital sums.

Forex was stated in a resolution of the Islamic Fiqh Council in Trading, no. The fourth statement of the Islamic Fiqh Council of the Islam World League in its islam session in AH islam that forex is haraam to deal in the shares of companies whose main purposes are haraam, or some of their dealings involve riba.

A resolution of the Islamic Fiqh Council in Jeddah menurut. The same applies to futures and trading in indexes. This transaction involves economic harm to the parties involved, especially the customer investorand to the economy of the society in general, because it is based on borrowing to excess menurut taking risks. Such matters usually involve cheating, misleading people, rumours, hoarding, artificial inflation of prices and rapid and strong fluctuation of prices, with the aim of getting rich quickly menurut acquiring the savings of others in unlawful ways.

And Allaah is the Source of strength. Menurut Allaah send blessings and peace upon our Prophet Muhammad and all his family and companions. And Islam knows best. Islam Question and Answer General Supervisor: Shaykh Muhammad Saalih al-Munajjid. Sat 7 Shw - 1 July islam Ruling on dealing in currencies in the FOREX system and paying fees for delaying the deal Is it permissible to deal in currencies in the foreign exchange trading forex menurut the Internet?

Praise be to Allaah. Islam ask Allaah to trading us and you. Trading on trading in currencies.