Discussion of Forex Trading and Currency Trading

Is Forex Trading Prohibited by Islam?

I was thinking of trading in Forex and I wanted to know if it’s okay with Islam.

My view: I think it’s like you buy a product, wait till its price increases and then resell it…..why would this be any wrong?

Please I need someone who understands the rules of Islam well.

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3 Responses to “Is Forex Trading Prohibited by Islam?”

  1. Sycophant for Jayzuss Says:
    March 3rd, 2010 at 3:24 am

    If it doesn’t ever touch a pig and if it enables the mistreatment of little girls, then it’s probably allah-ok-akbarf. Go for it. Sorry, veteran Hypochristian-basher, but I’m just now learning about Mohamet. I don’t even have a good mock-word for him yet.

  2. Do yourself and Islam a favour - go and trade on spot Gold. (UBS has forecast $1800.00 US/ounce within the next six months).

  3. OKBusinessGroup@ Says:
    March 3rd, 2010 at 3:24 am

    You must have a decdicate Islamic Forex Account (swap free) http://www.forex4pros.co.uk/forexhunt.html

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