What is the ruling on dealing with a Forex broker who manages the portfolio, increases the commission on buying and selling, and uses leverage, with 75% capital insurance? And is this transaction considered a permissible partnership?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The use of leverage is prohibited. It appears that the mentioned insurance acts as a guarantee for the capital or a portion of it, which is impermissible. Therefore, investing money with this type of transaction is not allowed.
Summarized from the full answer at Ftawy · imported
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