Fatwa #3943830 January 2018United Kingdom
Is dealing in Forex permissible?
Question
I know its a bit long to read but looking at this detailed explanation of Forex on this website is this halal?
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
You may read the detailed explanation on the website in reference and summarise the procedure in your query to us.
We will advise accordingly.
And Allah Ta’āla Knows Best
Muhammed Al-Ameen Bin Moulana Ismail Akoo
Student Darul Iftaa
Newcastle; KZN, South Africa
Checked and Approved by,
Mufti Ebrahim Desai.
____
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
You may read the detailed explanation on the website in reference and summarise the procedure in your query to us.
We will advise accordingly.
And Allah Ta’āla Knows Best
Muhammed Al-Ameen Bin Moulana Ismail Akoo
Student Darul Iftaa
Newcastle; KZN, South Africa
Checked and Approved by,
Mufti Ebrahim Desai.