Question Summary:
Investing on usi-tech.info (forex)

Question Detail:

Salaam

Answer :

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

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

USI-TECH is a technology company which specializes in the development of automated trading software in the FOREX market[i].

There are various types of Forex transactions and the ruling for each one differs from the other.

Kindly inform us how the trade will take place and what role you will be playing in the trade. Also, the profit amount, how did you/they conclude the abovementioned amount?

And Allaah Ta’aala Knows Best

Muajul I. Chowdhury

Student Darul Iftaa

New York, USA

Checked and Approved by,
Mufti Ebrahim Desai.

[i] https://usi-tech.info/