Page 1 of 1 :   1 

19 April, 2022
BEST 5 ISLAMIC BROKER WHICH YOU CAN USE TO TRADE WITHOUT RIBA

Abstract:There are 34,000+ brokers in WikiFX, which is provided for global users to check the full information of all the brokers free of charge without paying a single kobo. Today WikiFX will highlight some forex brokers for the Muslim traders to use and trade without any Interest (Riba) Which is prohibited in the Islamic business. 

image

  What is an Islamic forex Account?

  An Islamic forex account, or we can call it swap-free forex account, is an second optional forex account type wikifx that often selected after signing up with the broker. Which is use by Muslims traders, which is totally zero interest payment (Zero Riba).

  What is Interest in Islamic business (Riba)?

  According to Islamic law, or Shari'ah law, Muslims are prohibited from earning Interest (Riba) on loans.

  Riba also means excess, increase, or additional and from the shariah view it can be interpreted as an excess compensation or unjustified return in a lending, borrowing, or sale transaction.

   Here are 5 best forex brokers which offer Islamic accounts

  XTB

  FP MARKETS

  FXPRO

  HOTFOREX

  FXTM

↑ Go up
Page 1 of 1 :   1 
Message:

Disclaimer: VIRTUALTRADING is not liable for any loss or damage as a result of reliance on the information provided on this website. This website may contain advertising and sponsorship of which we take no responsability. Advertisers and sponsors may offer trading services. Trading on margin involves high risk, and is not suitable for all investors. Your capital may be at risk.
The data contained in this website is not necessarily accurate. Prices herein may be provided by market makers and not by exchanges. As such prices may not be accurate and differ from the actual market price. The content of this website is not intended for informative purposes, and it is exclusively intended for trading simulation. VIRTUALTRADING bears no responsibility for any trading losses you might incur as a result of using any data within this website.

© 2011-2022 VIRTUALTRADING. All Rights Reserved. Terms and Conditions · Contact: info@virtualtrading.com