What is the ruling on daily online forex trading in currencies, while avoiding interest and not holding overnight positions?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The prohibition of Forex trading is not inherent in the trade itself, but rather due to the prohibitions it entails. If these are avoided and the -compliant regulations for currency exchange are observed, along with their stipulated conditions, then there is no objection. If there is no actual قبض (possession/seizure), then constructive possession (القبض الحكمي) takes its place. Therefore, if this type of possession is found, along with the other regulations, then there is no objection to trading currencies via Forex.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/158344
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 158344
- 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