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The question

What is the ruling on trading foreign currencies (Euro, Yen, Sterling Pound, Swiss Franc) through financial brokerage firms, where the client opens an account and a security deposit is held against the actual purchase of the currency, and the client bears the profit or loss, with automatic exit from the trade when the loss equals the security deposit, and the bank takes a fixed commission in addition to the difference between the buying and selling prices?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The answer to this question was previously provided in no. 48663.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
65617
Imported
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Source text, unreviewed
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