Fatwa Explorer

Fatwa #386702 November 2017United Kingdom

Forex Guidelines

Question

I want to know the guideline of forex where is stays halal. Then what part makes it haram.

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 dealings. Which forex dealing are you referring about?

And Allah Ta’āla Knows Best

Huzaifah Deedat

Student Darul Iftaa
Lusaka, Zambia 

Checked and Approved by,
Mufti Ebrahim Desai.

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