Ask Qul - Business / Investment - Foreign currency trading

Pearl of Wisdom

The angel on man's right [shoulder] records his good deeds, whilst the angel on the left records his evil deeds. The two angels of the day record the servant's deeds by day, and the two angels of the night record the servant's deeds by night.'

Imam Ali ibn Abi Talib [as]

Bihar al-Anwar, v. 5, p. 327, no. 22

Latest Answers

Sexual Ethics & Morals

# 824 - looking for someone in edda mu

Salaat / Prayers

# 709 - Passing wind from the rear

Business / Investment

# 808 - Masjid or Imam Bargah

Sexual Ethics & Morals

# 807 - penetration during period

# 806 - Female masturbation

Divorce / Talaq

# 798 - Divorce

Miscellaneous

# 797 - Kiss

# 792 - hidden buried treasure

Interfaith Dialogue

# 781 - Jesus death

Fasting / Sawm / Roza

# 776 - Husbands permissn

Receive Qul Updates

Ask Qul - QA

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.

If you require further clarification on this answer, please use the feature to respond to the stated answer.