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Forex market What are Islamic accounts?
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Question by: Hungj - 25 Nov 2014, 10:09:10
What are Islamic accounts?
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Answers (2)
avatar user 3811
Answer by: intoner - 27 Nov 2014, 06:57:58

Islamic accounts are special accounts that do not collect interest. This is to allow Muslim traders to participate in the Forex since earning interest is against their religious principles.

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Answer by: Jeremy - 27 Jan 2015, 04:20:43

Islamic accounting is generally defined as an alternative accountingsystem which aims to provide users with information enabling them to operate businesses and organizations according to Shariah, or Islamiclaw.

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