Is forex trading forbidden/haram in Islam?
I really dont want it to be, but if it is, I will still trade because im making alot of money on it.
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This entry was posted on Thursday, July 2nd, 2009 at 5:25 am and is filed under forex trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
July 2nd, 2009 at 5:25 am
Dear friend Fred-Maj,
Yes, but it should not be a matter of concern as all human beings are now connected through the world wide web into trading using computers in their lifetime on the earth.
And as it is appointed unto men once to die, but after this the judgment: (Holy Bible Hebrews 9:27)
And shall come forth; they that have done good, unto the resurrection of life; and they that have done evil, unto the resurrection of damnation. (Holy Bible John 5:29)
No man hath seen God at any time. If we love one another, God dwelleth in us, and his love is perfected in us. (Holy Bible 1 John 4:12)
July 2nd, 2009 at 5:25 am
Taking interest/usury is forbidden/haram. Trading with what you don’t have in order to exploit the interest is fraudulent, ripping off others and haram. Someone has to pay for what you’re taking.
July 2nd, 2009 at 5:25 am
If you don’t care why are you asking?
July 2nd, 2009 at 5:25 am
i think it is haram but better check out with ur imam. and if it is haram then u should leave this proffession . my advice if it is haram leave the profession as u have said u will not leave the profession
July 2nd, 2009 at 5:25 am
Greed and materialism is also haram.