Pearl of Wisdom

to his son al-Hasan (AS), ?O son, increase your remembrance of death, of that which overcomes it, and of that which you will return to after death such that when it comes to you, you will have taken heed of it and strengthened yourself for it, and you will not let it overcome you by surprise so that it overpowers you.'

Imam Ali ibn Abi Talib [as]
Nahj al-Balagha, Letter 31

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Question : #617 Category: Business / Investment
Subject: Foreign currency trading
Question: Salam alaikom
Brother can you please indicate according to the Islamic law, is trading in foreign currency (buying and selling) permitted?

Thanks
Answer: Buying and selling foreign currency, at market price and for more or for less, is in order.

There is also no difference whether selling or buying is done instantly [on the spot] or in the future.

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