Online Forex
Question
Aslam-u-Alyqum
There is one fatwa on your website which is confusing and lot of people are traped.
Please say clearly Online forex halal or haram.
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
The permissibility and impermissibility of Online Forex depends on the procedure. We do not issue blanket rulings. We issue rulings according to the scenario posed to us.
And Allah Ta’āla Knows Best
Huzaifah Deedat
Student Darul Iftaa
Lusaka, Zambia
Checked and Approved by,
Mufti Ebrahim Desai.
- Answered by
- Huzaifah Deedat
- Checked & approved by
- Mufti Ebrahim 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.