What is the ruling on opening an investment portfolio in Islamic Forex, where the company undertakes the trading itself in exchange for a percentage of the profits, with no commission on trading or overnight fees?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the contract between the inquirer and the company is a mudarabah (profit-sharing) contract, and the company will operate with the inquirer’s funds without any loan from the company, and the company’s benefit will be a pre-agreed percentage of the profit, and the company adheres to Islamic regulations in trading currencies online, then there is no harm in that.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/184822
- Source platform
- Ftawy
- Original fatwa ID
- 184822
- Imported
- Translation status
- Source text, unreviewed
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