Question Summary:
Forex Trading

Question Detail:

Assalamu Alikum.

Answer :

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

We are not aware of any “Forex Broker” that provides Shariah compliant forex trading services. Moreover, we discourage online forex trading as it contravenes the Shariah precepts of trading. 

And Allah Ta’āla Knows Best

Anas Sharieff Qasmi.

Student Darul Iftaa

Hyderabad, India.

Checked and Approved by,
Mufti Ebrahim Desai.