kia forex islam me halal he haram.......

Forex business is very good side for forex trading msarket . so your real account is most imporsant the trading market , because forex trading market is imporant the knowladge and experint . so you profit the trading money .

har wo business jis main aap ko nafa aur nuqsan hota hay wo halal hay. is main confused hony wali koi baat nahi hai. aap bay khof o khatar forex trading start kar sakty hain.

dear my friend as you know forex is a business in which we buy a currency and we take risk that the currency rate also go down but we save him and we sale him in upper size so that is not harm in Islam my think positive with this business is batter view

meray bhai mai to is baray mai kch nai kah sakta hon k yah halal hai ya haram agar app is k baray mai sahe sy jana chatay hain to is k leyah app ko kise molwi sy rabta karna chaheyah.

friend forex trading business ko log haram samjhty hy to us ka dimagh kharab hy aor us ko chahiye kai wo doctor kai pass jaye aor apna ilag kary ,,,forex aik halal hy jis sy ham apny hi mehnat sy earning karty hy

forex islam me haram ha ja halal iss ka bara ma ma tojanta nahi ho lakan mara apana knawlage ha k jass kam ma worak karana ho or jatana worak karo ga otana he monafa maliaga agar kam nahi karoga to kuch nahi maliaga baki ma kessi allama sub sa posch ga

ji merey bhai jannab bikul forex islam main bikul halal hai is k halaah hony k mufti hazrat k fatwy b mojood hain baqi ye app pe depend kerta hey keh app kiss tarah iss ka meaning letey ho

re

ji merey bhai jannab bikul forex islam main bikul halal hai is k halaah hony k mufti hazrat k fatwy b mojood hain baqi ye app pe depend kerta hey keh app kiss tarah iss ka meaning letey ho

Bro i am realy trying hard to find a clue about halal fatwa but most of fatwas are saying that forex business is haram.i never found any fatwa about forex is halal. If you have some information about halal fatwa please share with me i ill b very thakfull.coz i love forex but i am confused weather its halal or haram? In this forum all members are saying that its halal but thay say ""i think its halal"" . but serch the google its full of "" forex is not permissible for muslims"" .i am waiting for your information. Thanks.....

Well I can't answer it so well as I have heard that it is only haram if it's swap account. So what mostly muslim traders do, they make their account swap free. So everyone who's muslim here can enjoy swap free trading earning from this source of income without worrying about being haram. Rest of the information u can take from any experienced person

Yes swap is ok but trading procedures for margin trading is not lawful because its involves speculation.
Questions and Answers

Question: 013

Aslam alikum

Is forex currency exchange trading permissible in Islam or it is haram?

Answer:

Respected Brother in Islam

As Salaamu Alaykum wa Rahmatullahi Wa Barakaatuh

Haamidaw wa Musalliyaa

Your query below refers;

Currency trading in itself is not against the principles of Islamic Economics. However, the Sharia has laid down certain guidelines and regulations when trading in currencies. It is necessary to uphold and maintain these regulations when trading in currencies. The most important of these regulations is that currencies of different countries can be traded in exchange of each other provided that the transaction is completed on spot (i.e. both counter-values should be exchanged at the same time), irrespective of whether the contract is concluded at above or below the spot rate. In other words both the counter-values are exchanged at one and the same time.

The exchange of both counter values and the subsequent possession acquired by the buyer and seller thereof, could take place through actual possession or constructive possession which is also acceptable. In order to enlighten you further on this, I quote hereunder from the Sharia Standards, prepared by AAOIFI:

" 2/6/4. Physical possession takes place by means of simultaneous delivery by hand.

2/6/5 Constructive possession of an asset is deemed to have taken place by the seller enabling the other party to take its delivery and dispose of it, even if there is no physical taking of possession. Among other forms of constructive possession that are approved by both Shari'a and business are the following:

(a) To credit a sum of money to the account of the customer in the following situations:

(1) When the institution deposits to the credit of the customer's account a sum of money directly or through bank transfer.

(2) When the customer enters into a spot contract of currency exchange between himself and the institution, in the case of the purchase of a currency against another currency already deposited in the account of the customer.

(3) When the institution debits - by the order of the customer - a sum of money to the latter's account and credits it to another account in a different currency, either in the same institution or another institution, for the benefit of the customer or any other payee. In following such a procedure, the institution shall adhere to the principles of Islamic law regarding currency exchange. A delay in making the transfer is allowed to the institution, consistent with the practice whereby a payee may obtain actual receipt according to prevailing business practice in currency markets. However, the payee is not entitled to dispose of the currency during the transfer period, unless and until the effect of the bank transfer has taken effect so that the payee is able to make an actual delivery of the currency to a third party.

(b) Receipt of a cheque constitutes constructive possession, provided the balance payable is available in the account of the issuer in the currency of the cheque and the institution has blocked such a balance for payment......" Similarly, conventional forward exchange contracts and purchasing or selling of currencies on the futures market is also prohibited. These regulations are deduced directly from the Ahaadith of Rasulullah (Sallallaahu Alayhi Wa Sallam).

With regards to other commodity transactions and normal sale transactions, these too are governed by the Islamic Laws of contracts and we recommend that you study the same from a reliable source before engaging in such transactions.

You may refer to the book, "An Introduction to Islamic Finance" by Mufti Taqi Uthmani, which will Inshallah guide you.

One has to be careful in as far as Shariah compliance is concerned when trading on most of the web platforms and markets as the conditions of a valid trade are not generally adhered to. Many people do not really intend to buy and take possession of these currencies and commodities on such platforms. Transactions are very often speculative and hedge based which do not always fulfill Shariah requirements.

And Allah Ta'ala Knows Best

Was Salaam Shafiq Jakhura (Mufti) for Fatwa Committee.

muje to lagta hai k forex buseinss ak halal buseinss hai r maine bht sare logo se b suna hai kye buseinss islam main b ak halal buseinss hai is main aisa koi masla nahi hai ye koi haram buseinss nahi hai ye ak halal buseinss hai.........

g han phly to account create karty waqt apko islamic account par click kary wo account swap sy pak hoga or forx apko bhageer kisi hard work k apko money nai deta or Allah hard work ka silah zaror dety hai is lye ye halal hai

Questions and Answers

Question: 013

Aslam alikum

Is forex currency exchange trading permissible in Islam or it is haram?

Answer:

Respected Brother in Islam

As Salaamu Alaykum wa Rahmatullahi Wa Barakaatuh

Haamidaw wa Musalliyaa

Your query below refers;

Currency trading in itself is not against the principles of Islamic Economics. However, the Sharia has laid down certain guidelines and regulations when trading in currencies. It is necessary to uphold and maintain these regulations when trading in currencies. The most important of these regulations is that currencies of different countries can be traded in exchange of each other provided that the transaction is completed on spot (i.e. both counter-values should be exchanged at the same time), irrespective of whether the contract is concluded at above or below the spot rate. In other words both the counter-values are exchanged at one and the same time.

The exchange of both counter values and the subsequent possession acquired by the buyer and seller thereof, could take place through actual possession or constructive possession which is also acceptable. In order to enlighten you further on this, I quote hereunder from the Sharia Standards, prepared by AAOIFI:

" 2/6/4. Physical possession takes place by means of simultaneous delivery by hand.

2/6/5 Constructive possession of an asset is deemed to have taken place by the seller enabling the other party to take its delivery and dispose of it, even if there is no physical taking of possession. Among other forms of constructive possession that are approved by both Shari'a and business are the following:

(a) To credit a sum of money to the account of the customer in the following situations:

(1) When the institution deposits to the credit of the customer's account a sum of money directly or through bank transfer.

(2) When the customer enters into a spot contract of currency exchange between himself and the institution, in the case of the purchase of a currency against another currency already deposited in the account of the customer.

(3) When the institution debits - by the order of the customer - a sum of money to the latter's account and credits it to another account in a different currency, either in the same institution or another institution, for the benefit of the customer or any other payee. In following such a procedure, the institution shall adhere to the principles of Islamic law regarding currency exchange. A delay in making the transfer is allowed to the institution, consistent with the practice whereby a payee may obtain actual receipt according to prevailing business practice in currency markets. However, the payee is not entitled to dispose of the currency during the transfer period, unless and until the effect of the bank transfer has taken effect so that the payee is able to make an actual delivery of the currency to a third party.

(b) Receipt of a cheque constitutes constructive possession, provided the balance payable is available in the account of the issuer in the currency of the cheque and the institution has blocked such a balance for payment......" Similarly, conventional forward exchange contracts and purchasing or selling of currencies on the futures market is also prohibited. These regulations are deduced directly from the Ahaadith of Rasulullah (Sallallaahu Alayhi Wa Sallam).

With regards to other commodity transactions and normal sale transactions, these too are governed by the Islamic Laws of contracts and we recommend that you study the same from a reliable source before engaging in such transactions.

You may refer to the book, "An Introduction to Islamic Finance" by Mufti Taqi Uthmani, which will Inshallah guide you.

One has to be careful in as far as Shariah compliance is concerned when trading on most of the web platforms and markets as the conditions of a valid trade are not generally adhered to. Many people do not really intend to buy and take possession of these currencies and commodities on such platforms. Transactions are very often speculative and hedge based which do not always fulfill Shariah requirements.

And Allah Ta'ala Knows Best

Was Salaam Shafiq Jakhura (Mufti) for Fatwa Committee

ye halal hai ya haram hai hony k fatwy b mojood hain orharam karar dia hua ha or kuch ne haram nhi kaha but business haBAT NAHIO HA YAH AIK TRADE KI TARAH HA AURkisi musalman bahe ka huq marty

ji bahi jan ap ny buht acha swal kia hai forex k barin mai mai apki bat k sath agree kartya hoon forex k barin mai buht sy kehty hain k ye haram hai jin ko forex k barin mai pata hi take ka nahi wo kahty hain ye haram hai ya jin ko forex mai profit nahi hota aor wo forex sy dishard ho kar forex ko harsam kah dete hain nahi bahi mere view k mutbiq ye halal hai kiu k is mai loss b hai aor profit b hai ........ ap apne tasali kar lain.......

Brother es ke bary right information nahi koi kuch kehta ha koi kuch es ke jab tak information nahi ho ge kuch kehna mushkal ha