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The question

What is the ruling on buying and selling gold, currencies, stocks, or other commodities in Forex, what is the ruling on leverage, and is it possible to trade in Forex without leverage?

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

The basic principle for trading gold, currencies, and stocks is permissibility, provided it adheres to rulings. However, it often involves forbidden violations, such as the impermissible financial leverage, as ruled by the Islamic Fiqh Academy. Forex trading is permissible if it is free from financial leverage and abides by Sharia regulations.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
178269
Imported
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Source text, unreviewed
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