What is an Islamic Forex account?How to trade according to ...

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An Islamic forex broker account, sometimes referred to as swap-free accounts, are trading accounts for Muslim clients who are unable to earn or pay interest due to their religious beliefs. An Islamic forex account option is available from many of the best Islamic forex brokers that are listed in the review above. Forex Islamique Qu'est-ce qu'un compte forex islamique? Selon la loi islamique, ou charia, les musulmans ne sont pas autorisés à gagner des intérêts sur leurs dons. Cette loi, lorsqu'elle est appliquée à la lettre, s'applique également aux intérêts gagnés grâce au Forex trading. What is an Islamic Forex account? An Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in the Islamic stock market following the principles of Islamic finance. Also known as swap-free accounts, Islamic trading accounts differ in several ways from regular Forex accounts. A list of Forex brokers that are friendly to Muslim Forex traders, allowing them to open the accounts without overnight interest (no Riba accounts).Such brokers can be very useful for traders from Iran, Saudi Arabia and other countries of Middle East. You will find 145 brokers listed in the table below. Opening an Islamic forex account is now easier than ever. With the Islamic banking sector as growing by an average of 19.7% a year, there is now an increasing number of brokers offering Islamic forex account services. The accounts are designed in the support of all the Islamic rulings on business and investments.

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