Category:
Fatwa#: 38652
Asked Country: United Kingdom

Answered Date: Aug 06,2017

Title: 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

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.

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