What is the ruling on working in currency trading through a financial broker due to the lack of other work, until the completion of studies and obtaining a permissible job?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The basic ruling regarding currency trading is permissibility, based on the Almighty's saying: "Allah has permitted trade." However, the regulations for currency exchange are stricter than for other types of trade. The method of your dealing with the financial broker was not explained, but the rulings concerning dealing with financial brokers in the "Margin" system have been previously clarified. If the transaction is religiously forbidden, your study does not permit it, as there is no necessity that permits the prohibited, and the doors of lawful sustenance are wide.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/115922
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 115922
- 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