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Forex and Islam

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Many people also believe that Forex is prohibited in Muslim countries. However, this is not entirely true.
Islamic sharia law, namely Islamic law, prohibits giving or receiving flowers of any kind. The reason for this ban is based on the fact that followers of Islam must give only to give and not get something. So, based on that belief, Forex trading is not prohibited but exchange.
Swap is a daily fee or withdrawal of money from a trader's deposit to transfer positions on open trades past midnight.
But in cases like this, there are free swap accounts or Islamic accounts without swaps. All commissions in the form of interest do not exist in Islamic accounts. So sharia law is not violated and Forex can be accessed by everyone.
if we make discussion about forex and islam this is going so long bro, it depends to yourself how you react of that
#31 - February 11, 2019, 05:15:48 AM

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Many people also believe that Forex is prohibited in Muslim countries. However, this is not entirely true.
Islamic sharia law, namely Islamic law, prohibits giving or receiving flowers of any kind. The reason for this ban is based on the fact that followers of Islam must give only to give and not get something. So, based on that belief, Forex trading is not prohibited but exchange.
Swap is a daily fee or withdrawal of money from a trader's deposit to transfer positions on open trades past midnight.
But in cases like this, there are free swap accounts or Islamic accounts without swaps. All commissions in the form of interest do not exist in Islamic accounts. So sharia law is not violated and Forex can be accessed by everyone.
Good afternoon bro ... if I think trading is not prohibited because we violate the rules. if trading is considered unclean, for example, maybe the mind of the person who always loses in trading and wants to learn but still can't. if that person can trade it might say something else
#32 - February 11, 2019, 05:51:42 AM

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Many people also believe that Forex is prohibited in Muslim countries. However, this is not entirely true.
Islamic sharia law, namely Islamic law, prohibits giving or receiving flowers of any kind. The reason for this ban is based on the fact that followers of Islam must give only to give and not get something. So, based on that belief, Forex trading is not prohibited but exchange.
Swap is a daily fee or withdrawal of money from a trader's deposit to transfer positions on open trades past midnight.
But in cases like this, there are free swap accounts or Islamic accounts without swaps. All commissions in the form of interest do not exist in Islamic accounts. So sharia law is not violated and Forex can be accessed by everyone.
Hello.good afternoon.... Thank you very much for ur good post about forex from the syariah perspective. I feel so doubt about forex before. . But after read this post  . I think forex  its all about trading.. Sorry for bad english. But thx for knowledge
#33 - February 11, 2019, 07:25:36 AM

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yes, but not all Islamic countries are friends, what do we rely on? I strongly agree about your post
#34 - February 11, 2019, 07:31:55 AM

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if we make discussion about forex and islam this is going so long bro, it depends to yourself how you react of that
Yes agree, forex and islam is needed to discuss and deep thats why this is good for open discussion. For me, as long as we activate the free swap feature i think its good
#35 - February 11, 2019, 07:36:55 AM

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I think Forex in the view of Islam has many versions that explain Forex. And in my opinion about the swap is the lodging cost that must be issued by the Trader because the trading carried out is still in process. So the logic is like this, like we leave things for example motorbikes, we have to pay because our motorbikes are still in motorbike custody.
And for forex trading the ship is one of the ustadams while in it there are no elements involving usury, gambling, and the trade must be straightforward. But I apologize if I am wrong
#36 - February 11, 2019, 08:30:48 AM

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Many people also believe that Forex is prohibited in Muslim countries. However, this is not entirely true.
Islamic sharia law, namely Islamic law, prohibits giving or receiving flowers of any kind. The reason for this ban is based on the fact that followers of Islam must give only to give and not get something. So, based on that belief, Forex trading is not prohibited but exchange.
Swap is a daily fee or withdrawal of money from a trader's deposit to transfer positions on open trades past midnight.
But in cases like this, there are free swap accounts or Islamic accounts without swaps. All commissions in the form of interest do not exist in Islamic accounts. So sharia law is not violated and Forex can be accessed by everyone.
actually in Islamic law forex is not prohibited. as long as there are no swaps or Islamic accounts. and when trading, we also have to have an analysis, not just because it will become a gamble
#37 - February 11, 2019, 08:56:36 AM

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Many people also believe that Forex is prohibited in Muslim countries. However, this is not entirely true.
Islamic sharia law, namely Islamic law, prohibits giving or receiving flowers of any kind. The reason for this ban is based on the fact that followers of Islam must give only to give and not get something. So, based on that belief, Forex trading is not prohibited but exchange.
Swap is a daily fee or withdrawal of money from a trader's deposit to transfer positions on open trades past midnight.
But in cases like this, there are free swap accounts or Islamic accounts without swaps. All commissions in the form of interest do not exist in Islamic accounts. So sharia law is not violated and Forex can be accessed by everyone.

Good afternoon sir. I agree with your statement above, sir. In forex we know the name trade and in Islam trade is highly recommended in obtaining fortune. However, forex can also be banned if you enter a market without analysis or gambling.




#38 - February 11, 2019, 09:16:49 AM

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Many people also believe that Forex is prohibited in Muslim countries. However, this is not entirely true.
Islamic sharia law, namely Islamic law, prohibits giving or receiving flowers of any kind. The reason for this ban is based on the fact that followers of Islam must give only to give and not get something. So, based on that belief, Forex trading is not prohibited but exchange.
Swap is a daily fee or withdrawal of money from a trader's deposit to transfer positions on open trades past midnight.
But in cases like this, there are free swap accounts or Islamic accounts without swaps. All commissions in the form of interest do not exist in Islamic accounts. So sharia law is not violated and Forex can be accessed by everyone.
as in my country forex is permissible according to my religion, with a note that spot transactions, interest free, and not exceeding 2 working days forex is the official rule of the Indonesian MUI fatwa. Because of that basis I am only trading daily to avoid transactions exceeding 2 days
#39 - February 11, 2019, 09:25:18 AM

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for me forex is still okay, akaj but if there are people who judge differently it's okay
#40 - August 20, 2019, 09:17:01 AM

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Islam is a religion that allows anything as long as it is good and in accordance with the Shari'a ... in my opinion we may follow this forex
#41 - August 20, 2019, 10:22:20 AM

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Forex is legal according to religion.
#42 - September 10, 2019, 04:21:00 AM

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In Islam, Forex is not prohibited because it has a strong foundation.
#43 - October 12, 2019, 03:44:51 PM

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In forex Islam it is permissible with the conditions not allowed there is a swap there, so we can choose an account that has no swap
#44 - May 10, 2021, 07:50:42 AM

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If I want to enter into this business, what I have in mind is an illicit business, because as you explained, even today this has become an undeniable fact coupled with the absence of techniques that are 100% sure to profit, this continues to be a question and reflection because I am also a Muslim who wants to get a fortune that is lawful, uk kel, I study and continue to read about the halal status of this forex, both scholars and others, there are scholars who say halal and some say halal, I conclude this is subhat, and I continued to study it until finally I concluded that this rading was not haram, what is the reason that this question can be answered by bro, is there any trader in the real sector who knows that his goods will be sold? The merchant will think and say yes, just as Allah commands, talk about the results of Allah's decisive, meaning that the farmer doesn't know if his merchandise is going to sell or not, will that trader be called speculation? I am sure you can also answer it ... then the second one is that forex is said to be haram, why is it that anyone can get consistent profits like a pro trader? ahh this is the question, is there a gambler for every day? Can you analyze the cards that will come out from playing cards? I'm sure you can also answer it, but in forex the masters who have mastered the market are able to produce a consistent profit, meaning that there is no 100% technique to produce because the only one who produces is Allah, all we do is just try in what way, analyze both technical and fundamental ..
#45 - May 16, 2021, 01:48:33 PM

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