Ask Qul - Business / Investment - Foreign currency trading

'Satisfaction with unpleasant decree is one of the highest levels of conviction.'

Imam Ja'far ibn Muhammad al-Sadiq [as]

Bihar al-Anwar, v. 71, p. 152, no. 60

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Ask Qul - QA

Question : #617

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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