I was wondering how Muslim countries treat Forex trading. After all, it is an unusual type of stock trading. Is it prohibited or, on the contrary, allowed?
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Forex and Islam | Forum
Teo Lordes
Oct 25
Why should it be banned? Perhaps it is indeed banned in some countries. For example, I wouldn't be surprised if it is in Iran. But in others I think it is not forbidden.
Olivander
Oct 25
Generally, forex trading is not forbidden by Islam, but there are certain conditions that must be met. These mainly relate to your attitude towards the business. Forex trading should be seen as a serious activity, a job, not a way to win a lottery. You can read more about forex trading in Pakistan here: https://coinmarketcap.com/...3d459960d601f2cc844/
The Forum post is edited by Olivander Oct 25
