Internet currency trading : making a living out of selling and buying international currencies

Fatawa Question

Assalamu Alaikum, My question has to do with trading in Forex. What is the view of the Shariah on this ? Especially, now that the trade is done on line via the internet ? I will be grateful if this question can be answered in light of the prevailing circumstances, where Muslims make little distinction between Halal and Haram.

Fatwa

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Publication Date

2007-07-17

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-785662

American Psychological Association (APA)

Qahf, Mundhir. 2007-07-17. Internet currency trading : making a living out of selling and buying international currencies. .
https://search.emarefa.net/detail/BIM-785662

Modern Language Association (MLA)

Qahf, Mundhir. Internet currency trading : making a living out of selling and buying international currencies. 2007-07-17.
https://search.emarefa.net/detail/BIM-785662

American Medical Association (AMA)

Qahf, Mundhir. 2007-07-17. Internet currency trading : making a living out of selling and buying international currencies.
https://search.emarefa.net/detail/BIM-785662