What is the ruling on opening an investment portfolio in Islamic Forex, where the company undertakes the trading itself in exchange for a percentage of the profits, with no commission on trading or overnight fees?
If the contract between the inquirer and the company is a mudarabah (profit-sharing) contract, and the company will operate with the inquirer’s funds without any loan from the company, and the company’s benefit will be a pre-agreed percentage of the profit, and the company adheres to Islamic regulations in trading currencies online, then there is no harm in that.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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