What is the ruling on buying and selling gold, currencies, stocks, or other commodities in Forex, what is the ruling on leverage, and is it possible to trade in Forex without leverage?
The basic principle for trading gold, currencies, and stocks is permissibility, provided it adheres to Sharia rulings. However, it often involves forbidden violations, such as the impermissible financial leverage, as ruled by the Islamic Fiqh Academy. Forex trading is permissible if it is free from financial leverage and abides by Sharia regulations.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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