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The question

Is increasing the broker's commission to include purchasing with my own money or with a loan from him, and unifying this commission in both cases, considered a circumvention of usury and thus Haram?

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

It appears the question is about Forex and the leveraged trading system, which is a prohibited usurious loan because it is a loan that draws benefit for the broker through commissions. Therefore, borrowing from the broker is impermissible.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
140593
Imported
Translation status
Source text, unreviewed
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