CFD Trading
Question
Assalamualaikum. My question is regarding CFD (yes, I'm aware of your answers provided by askimam.org which asked by other)
Can you please have a look on link, where the platform does offer Islamic account which they claim that it follows sharia law.
Kindly please advise accordingly.
Thanks in advance.
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuhu
The URL you have provided does not exist currently. Nevertheless we have previously advised on the impermissibility of CFD Trading.
And Allah Ta’āla Knows Best
Ismail Desai,
Darul Iftaa
Checked and approved,
Mufti Ebrahim Desai
- Answered by
- Ismail Desai
Fatawa SA is an independent, read-only index of fatawa already published by Darul Iftaa Mahmudiyyah (AskImam). It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.