In a nutshell, Islamic trading accounts were created specifically for people who want to actively trade, whilst following all of the principles of Islamic finance laws. Start your journey towards reaching all your financial goals right here. Wel” also discuss what assets are permissible, and how to find a suitable Sharia-compliant broker for your trading needs. On this page, we’re going to talk about everything from what an Islamic trading account is and how this relates to the foundations of Islamic finance. When trading forex, for instance, as long as you trade by calculating your exposure with the correct risk and reward objective – then you won’t be violating Islamic law ![]() Furthermore, Islamic trading accounts have been created to enable people of the Islamic faith to be able to trade whilst remaining true to their faith. Traditionally in Islam, trading is believed to be haram, although it’s not as black and white as that. There has been much discussion over the decades over how permissible various forms of trading and investing really are, but the good news is that it is entirely possible to trade halal with an Islamic brokerage account. That’s nearly a quarter of the world’s population. There are currently around 1.8 billion followers of the Islamic faith.
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