ThunderBreezeHarmony
Sun Jun 09 2024
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5 answers
850
Is forex halal or haram in Saudi Arabia?｜Forex trading is legal in Saudi Arabia, but Saudi brokers and investors must be approved by the CMA. . Traders can opt for Islamic trading accounts to make sure they don't break Islamic law.Forex trading is widely considered halal, but there is ongoing debate
Is forex trading considered halal or haram in Saudi Arabia? I've heard conflicting views about this matter. Forex trading is indeed legal in Saudi Arabia, but does it adhere to Islamic principles? Is it necessary for Saudi brokers and investors to obtain approval from the CMA? And can Islamic trading accounts ensure compliance with Islamic law? The debate seems to be ongoing, so I'm really curious to know your thoughts on this topic.
