Forex trading and the Sharia

Traditional Forex trading can pose problems for religion-abiding Muslims because it often involves interest. Your Forex broker could charge interest if you borrow to open a position. And if you keep your position open overnight, you could stand to receive or pay interest depending on the prevailing interest rates.

It is possible to trade currencies without incurring interest: 1) invest no more than you can afford and 2) remember to close any open positions by 5pm New York time. However, this is likely to reduce how much you can afford to invest and may not be an option if 5pm New York time (10 pm UTC/GMT) is in the middle of your night time.

yaar forex trading kay baray me islam kya khta hay is me dono trha ka ara pai jati hay tou meray khyaal se aap is ko agar jaiz smjhty hayn tou ker lein agar ao ko theek nahi lgta tou na kijyee

thanks dear app ne boht ache information share ki hai app ki iss information se hum sab traders ko kafi hud tak faida ho sekta hai app ki iss information per zaroor amal kerun ga akk bar phr app ki information k leya thanks :)

bhai jaan forex trading aik online business hy is main same trading hoti hy jaisy k app market jaa k kerty ho bhai koi k business jis main loss profit dono k chance ho islaam main wo business halal hy app ko pata hy k forex market loss b hota hy app ka capital b hota hy mehnat b hoti hy is liay ya business halal hy.