What is the ruling on investing in a company that trades currencies online (Forex) if the company owner adheres to Sharia controls, such as not taking usurious loans, avoiding overnight fees, ensuring immediate قبض (possession) between accounts, and allowing immediate withdrawal after a transaction?
If the transaction is carried out as mentioned by the company owner, then there is no harm in it. There is no religious impediment to trading currencies through the international stock exchange, provided it is free from religious prohibitions.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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