Question
My query is; i want to know maybe trading forex is halal or haram in islam?
Answer
Muhtaram / Muhtaramah
In the Name of Allāh, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāh wa-barakātuh.
It is not permissible to engage in forex trading.
And Allah knows best
Wassalam
Darul Iftaa, Madrassah In’aamiyyah
- The Sharée ruling herein given is specifically based on the question posed and should be read in conjunction with the question.
- The Darul Ifta bears no responsibility to any party who may or may not act on this answer. The Darul Ifta being hereby exempted from loss or damage howsoever caused.
- This answer may not be used as evidence in any Court of Law without prior written consent of the Darul Ifta.
