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General questions Is forex trading allowed in Islam?
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Question by: Henry - 30 Jul 2014, 07:38:11
Is forex trading allowed in Islam?
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Answer by: Joseph - 23 Mar 2015, 05:59:24

Buying and selling of foreign currencies is legal and halaal in Islam, as long as the trading and exchange is done on spot payment and exchanged. Anyway ‘margin-trading’ or any of its derivatives are not allowed in Islam.

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