What is the ruling on investing in a company that trades currencies online (Forex) if the company owner adheres to Sharia controls, such as not taking usurious loans, avoiding overnight fees, ensuring immediate قبض (possession) between accounts, and allowing immediate withdrawal after a transaction?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the transaction is carried out as mentioned by the company owner, then there is no harm in it. There is no religious impediment to trading currencies through the international stock exchange, provided it is free from religious prohibitions.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/145591
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 145591
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy