Fatwa #3849811 August 2017United Kingdom

Please can you explain the subject of forex in detail

Answered by Muajul I. ChowdhuryChecked by Mufti Ebrahim Desai

Question

JazakAllah

Answer

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

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

There are various types of Forex transactions. The ruling of each one differs from the other. Which one are you inquiring about? Kindly present the details of it for our consideration.

And Allah Ta’ala Knows Best

Muajul I. Chowdhury

Student Darul Iftaa

New York, USA

Checked and Approved by,
Mufti Ebrahim Desai.

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