Back to search

Do the stated terms and conditions for an Islamic account at this forex company comply with the provisions of Islamic Sharia, taking into consideration the company's method of dealing with rollover fees and leverage, and can it be considered a legitimate alternative according to the fatwa issued by "IslamOnline.net"?

1 min readAlso available in العربية

If trading in the aforementioned account is conducted while avoiding religiously forbidden elements, and the broker does not stipulate in the loan contract that one must buy and sell through him, then there is no objection to it.

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

Read the full answer on Ftawy