Is Forex Trading Allowed in Islam?

The question as to whether Forex trading is permissible according to Islamic law is a difficult question to conclusively answer. Although Islamic authorities certainly agree that currency exchange under certain conditions is halal (i.e., permissible according to Islamic law), there is some dispute.

Is Forex halal or haram? So clearly, the Prophet Mohammed peace be upon him had in mind exchanges of different types of commodities that would be made between two parties, recognizing that this was a natural and just aspect of commerce. Interest demeans and diminishes the human personality.

Forex in Islam: to what extent is it permissible?

Is it permissible to deal in currencies in the foreign exchange market forex over the Internet What is your opinion regarding the issue of tabiyeet stipulating Islam Q&A. Related fatwa. Ruling on trading in currencies. Create Comments. الاسم * الايميل * العنوان * التعليق * Categories.

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