Darul Iftaa Mahmudiyyah

Please can you explain the subject of forex in detail

· 19 Dhuʻl-Qiʻdah 1438 AH1 min readFatwa 38498English

Question

Please can you explain the subject of forex in detail

JazakAllah

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

There are various types of Forex transactions. The ruling of each one differs from the other. Which one are you inquiring about? Kindly present the details of it for our consideration.

And Allah Ta’ala Knows Best

Muajul I. Chowdhury

Student Darul Iftaa

New York, USA

Checked and Approved by,
Mufti Ebrahim Desai.

Answered by
Muajul I. Chowdhury
Checked & approved by
Mufti Ebrahim Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/38498
Fatawa SA: https://fatawa.co.za/fatwa/askimam-38498

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