Is forex trading halal or haram? What scholars and fatwa bodies say

Is forex trading halal?

28sources

say what they think, dated and linked. We give no ruling of our own.

By Alexander Burnett (editor) Last updated 20 October 2026

How we got this

How: We read each fatwa body's or scholar's own page on 20 October 2026 and link it. Where we could only read a summary, a mirror or an archive copy, the table says so. We don't give a ruling of our own. How we check How we make money Corrections

Is forex trading halal or haram? Most of the fatwa bodies and scholars we read say retail online forex, as brokers offer it today, is not permissible. They include Mufti Taqi Usmani, Banuri Town in Karachi, Egypt's Dar al-Ifta, Jordan's Iftaa' Department, Malaysia's National Fatwa Council and the Muslim World League's fiqh council, which said in 2024 that speculative forex without possession "is not permissible". The OIC's fiqh academy and the MWL allow currency exchange itself when possession happens at the contract, and Indonesia's DSN-MUI allows spot deals on four conditions. A smaller group is more permissive: one Darul Uloom Deoband answer, an NU Online writer on leverage, and Ayatollah Sistani's office.

We don't give a ruling, and we don't call any broker or account halal. Below is who says what, in their own words, dated and linked, with our read status for each. For your own case, ask a scholar you trust.

Also on Halal Check: Apakah trading forex halal atau haram? (Bahasa Indonesia) · Forex halal atau haram? Hukum forex menurut fatwa Malaysia (Bahasa Melayu) · Is prop firm trading halal? What scholars have said · اردو

Short answer: where scholars agree and where they differ

Where they agree: exchanging one currency for another (sarf) needs both sides to take possession at the contract, with no delay. That is the OIC fiqh academy's position (1992, 1998), the summary of AAOIFI's standard, the MWL's 2024 resolution and DSN-MUI's 2002 fatwa. Deals with future delivery (forwards, futures, options) are not permissible in the OIC academy's and AAOIFI's texts, and DSN-MUI calls forwards, FX swap contracts and options haram.
Where most land on retail forex: not permissible as offered. The reasons they give: no real possession (Usmani, Banuri Town, Deoband 1717); leverage as a loan that benefits the broker (Jordan, Islamweb, the MWL in 2006); interest in overnight charges (Perlis, Malaysia's national council); and speculation close to gambling (Egypt, MWL 2024).
Where they differ: an NU Online writer says broker leverage is basically permissible if no riba arises; Sistani's office says margin trading appears acceptable on conditions; Deoband 1314 says exchanging currencies at a difference is lawful; and the NU Online writer's 2018 answer says online forex depends on the case.

Why forex is a special case: sarf, possession (qabd), riba and gharar

Sarf: An exchange of money for money, such as one currency for another. The bodies above apply its rules to forex.
Qabd (possession): Both sides receive what they're owed at the contract. The MWL's 2024 resolution defines it for currency as being able to use and dispose of the currency outside the exchange market.
Riba: Interest, or a forbidden gain in a loan or an exchange. Overnight swap charges and broker leverage are where it comes up.
Gharar and maysir: Excessive uncertainty in a contract (gharar), and gambling (maysir or qimar).

Why do many scholars say retail forex is haram?

In their own reasons: you can't take delivery of the currency you buy (Mufti Taqi Usmani); deals are sold on before possession, and conditions such as swaps make the contract void (Banuri Town); a loan, a sale and brokerage are combined, margin is a fictitious pledge, and the uncertainty is likened to gambling (Dar al-Ifta, Egypt); leverage is a loan from the broker that counts as riba even without interest, because the broker profits through commissions (Jordan, Fatwa 3871); and today's platforms involve rollover interest, unclear possession and speculation (Malaysia, 2012).

Who says what: fatwa bodies and scholars, with links

28 sources, each read on 20 October 2026. The bold line is our short summary; under it are the source's own words where we could quote them (with our translation of non-English text). Our read status:

Confirmed We read the body's or scholar's own page on 20 Oct 2026 and it says this.
Differs We read the source's own page on 20 Oct 2026; it differs from how this view is often reported (number, date, author or wording). The row follows the page.
Not primary We read a summary, translation, mirror, report or forum post, not the body's own text.
Unverified We could not open the original; the row says what we read instead.

What fatwa bodies and scholars say about forex trading, read 20 October 2026
Scholar or body	Position (in their words, short)	Conditions and reasons	Date	Source	Our read
AAOIFI, Shari'ah Standard No. 1 (Trading in Currencies)	Trading in currencies is permissible if the Shari'ah rules are kept It is permissible to trade in currencies, provided that it is done in compliance with the following Shari'a rules and precepts.	Possession (actual or constructive) before the parties part; no option or deferment; no forward or futures deals, even for hedging	Standard effective 31 May 2000; summary Jun 2015	islamicfinance.com	Not primaryRead in a summary on IslamicFinance.com. The standard's own text is behind a member login, so its full wording is unverified.
International Islamic Fiqh Academy (OIC), Resolution 63 (1/7)	Spot currency deals are permissible; deals with future delivery are not Purchase and sale of currencies are not permissible through the third and fourth modes. They are, however, permissible through the first and second modes	Allowed: immediate delivery and payment (its first and second modes). Not allowed: future delivery (third and fourth modes). Options contracts are also not permissible	9–14 May 1992 (7th session, Jeddah)	iifa-aifi.org	Confirmed
International Islamic Fiqh Academy (OIC), Resolution 102 (5/11)	Selling currencies by deferred sale is not permissible It is not permissible in Shariah to sell currencies by deferred sale, nor to set a date for the exchange of their price	Nor may a date be set for exchanging their price	14–19 Nov 1998 (11th session, Manama)	iifa-aifi.org	DiffersOften cited without its number or venue.
Islamic Fiqh Council, Muslim World League: 23rd session, First Resolution	Speculative forex for price differences, without possession, is not permissible المتاجرة بالعملات على وجه المجازفة (الفوركس) بهدف تحصيل فروق السعر دون تحقق القبض المذكور أعلاه، لا يجوز شرعاً(our translation: Trading currencies speculatively (forex) to gain price differences without the possession described above is not permissible in Shari'ah.)	Currency exchange is lawful as sarf when possession happens at the contract, on electronic platforms or otherwise. It defines possession as being able to use and dispose of the currency outside the exchange market	20–22 Apr 2024 (11–13 Shawwal 1445)	themwl.org	DiffersRead from an infographic on the MWL's own page. The full resolution text is unverified.
Islamic Fiqh Council, Muslim World League: 18th session (margin trading)	Margin trading is not permissible The Committee believes that this transaction is not permissible according to Shari`ah	Reasons reported: interest in rollover fees; a loan tied to brokerage; currencies usually not exchanged hand to hand; selling what one doesn't own	8–12 Apr 2006 (Makkah)	islamqa.info	Not primaryVia IslamQA's English translation; we didn't find the MWL's own text of the 2006 resolution.
Shariyah Review Bureau (Bahrain), paper on retail forex	Margin is the stake of a bet, so it is impermissible the margin funds is considered as the bet one places to take a view on the market and to open a position. Therefore, it is impermissible	–	Aug 2018	shariyah.net	Not primaryThe paper's own view, not AAOIFI's.
DSN-MUI, Fatwa No. 28/DSN-MUI/III/2002 on currency trading (al-sharf)	Spot: permissible on four conditions. Forward, swap and option: haram Transaksi jual beli mata uang pada prinsipnya boleh dengan ketentuan sebagai berikut: a. Tidak untuk spekulasi (untung-untungan)(our translation: Currency trading is in principle permissible under these terms: a. not for speculation (gambling on luck))	Not for speculation; a real need or saving; the same currency at equal value and in cash; different currencies at the rate of the day and in cash. Forward only as an agreement for an unavoidable need. "Swap" here is an FX swap contract, not a broker's overnight swap fee	28 Mar 2002 (14 Muharram 1423)	putusan3.mahkamahagung.go.id	ConfirmedThe live page blocked our reader; we read an archive.org copy of the fatwa PDF.
NU Online: Ustadz Muhammad Syamsudin, "Hukum Trading Forex"	Cash-market currency trading is permissible; online, it depends on the case jual beli valas di pasar tunai hukumnya boleh. Namun di pasar online, hukumnya diperinci(our translation: Buying and selling foreign currency on the cash market is permissible. But on the online market the ruling is detailed (case by case).)	Haram if the price changes between the buyer's order and the broker's acceptance; permissible if it stays the same	5 Jan 2018	nu.or.id	ConfirmedA column by one writer (Aswaja NU Center PWNU Jatim), not an NU institutional ruling.
NU Online: Ustadz Muhammad Syamsudin, leverage article	Using a forex broker's leverage feature is basically permissible pemakaian fitur leverage pada aplikasi broker forex pada dasarnya adalah boleh(our translation: Using the leverage feature in a forex broker app is basically permissible.)	Treated as a loan (qardh): permissible while no riba arises from it; haram if it does	15 Dec 2020	islam.nu.or.id	DiffersThe only named source we found that treats broker leverage as permissible in principle. Same single writer.
Mufti Muhammad Taqi Usmani (Albalagh.net)	Not compliant with Shariah; he would not advise it these transactions are not compliant with Shariah. The very condition that you cannot take delivery of the purchased currency makes it impermissible.	Reason given: the trader can't take delivery of the currency bought	Shown as 11 Dhu al-Qa'dah 1424 and 22 Nov 2007 (the two don't match)	albalagh.net	Confirmed
Jamia Uloom-ul-Islamia, Allama Banuri Town (Karachi): Fatwa 144411102153	All current forex methods are impermissible and haram	Reasons: sale before possession; no mutual possession in a currency exchange; void conditions such as swaps. It ends by saying the business would be permissible if these defects were avoided	12 Jun 2023	banuri.edu.pk	ConfirmedThe Jamia doesn't permit republishing its fatwas, so we link them and quote one line, in the Urdu section, where five more are listed.
Darul Uloom Deoband: Fatwa 1314/1314/M=1431	Exchanging two countries' currencies at a difference is lawful The exchange of one country's currency with that of the other with difference (of amount) is lawful.	A one-line answer to "is forex trading halal or not"	1431 AH (about 2010)	darulifta-deoband.com	ConfirmedThe live site blocked our reader; we read an archive.org copy.
Darul Uloom Deoband: Fatwa 1340/1073/D=11/1434	Lawful, with halal profit, if both currencies are credited when the deal closes If this is the case, then this transaction is lawful as per the Shariah and its profit is halal.	Depends on the questioner's description of an instant transfer of both currencies	Dhu al-Qa'dah 1434 AH (about Sep–Oct 2013)	islamqa.org	UnverifiedRead only on a mirror (islamqa.org). The original page blocked our reader and has no archive copy.
Darul Uloom Deoband: Fatwa 1717/1119/L=1434	Selling before taking possession is not permissible This is called the selling before taking into possession (bai qalal qabz) which is unlawful as per the Shariah.	Profit from such deals is not halal and goes to charity	1434 AH (about 2013)	darulifta-deoband.com	ConfirmedThe live site blocked our reader; we read an archive.org copy.
SeekersGuidance: Shaykh Faraz A. Khan	Currency exchange (sarf) in itself is permissible if its conditions are met In and of itself, currency exchange (sarf) is permissible as long as certain conditions are met, such as the transaction be done hand-to-hand without delay.	Hand to hand, without delay. Reports that Mufti Taqi Usmani holds retail forex impermissible	13 Mar 2012	seekersguidance.org	Not primary
Ask Ghamidi forum: moderator Umer	A loan given for a specific purpose isn't riba on its own Specific loan given for a specific purpose with certain conditions do not make it Riba on its own.	No formal verdict. Recommends a swap-free account if it removes the risk of riba	6 May 2024	ask.ghamidi.org	Not primaryA forum moderator's reply, not a fatwa.
Dar al-Ifta al-Misriyya (Egypt): Fatwa No. 3615, Grand Mufti Shawki Allam	Forex dealing is forbidden and taking part in it is barred ترى دارُ الإفتاء المصريةُ تحريمَ معاملة الفوركس والمنعَ من الاشتراك فيها(our translation: Dar al-Ifta al-Misriyya holds that the forex transaction is forbidden and that taking part in it is barred.)	Reasons: loan, sale and brokerage combined; margin as a fictitious pledge; extreme uncertainty, likened to gambling	17 Nov 2013	dar-alifta.org	DiffersPage id 13136 on dar-alifta.org is this fatwa.
Sheikh Ahmed Wesam, Dar al-Ifta fatwa secretary (Youm7 report)	Forex, as it was presented, is forbidden as a whole تداول العملات المعروف بـ"الفوركس"، كما عرضت وقتها، يعتبر حراما فى جملته(our translation: Currency trading known as forex, as it was presented at the time, is considered forbidden as a whole.)	Says different trades need individual study; bring your contract for a specific answer	15 May 2023	youm7.com	ConfirmedA news report of a TV answer, not a fatwa document.
General Iftaa' Department, Jordan: Fatwa 3871	No transaction that uses leverage is permissible it is not permissible to engage in any transaction that involves the leverage system as it constitutes a forbidden usurious loan.	Leverage is a loan from the broker; even interest-free leverage is riba because the broker profits through commissions	5 May 2024	aliftaa.jo	Confirmed
Dr. Hamzah Mash-Shoqah, article on the Jordan Iftaa' Department's site (5861)	Trading through an "Islamic" forex account is impermissible; forex is allowed only on four conditions Therefore, trading through an Islamic Forex account is impermissible.	Spot settlement; immediate possession, with the currency in the trader's bank account; no margin; no swap contracts	9 Dec 2024	aliftaa.jo	DiffersA signed article, not a numbered fatwa.
Islamweb fatwa centre (Qatar): Fatwa 262402	Dealing with leverage is not permissible The view we adopt in Islamweb is that it is not permissible to deal with the money leverage system.	Reason: a loan that brings the broker a benefit, even on an interest-free account	8 Aug 2014	islamweb.net	Confirmed
Islamweb fatwa centre (Qatar): Fatwa 466705	Forex leverage is not permissible, even with no overnight fees والحاصل أن التعامل بالرافعة المالية في الفوركس لا يجوز، ولو لم يكن هناك رسوم تبييت(our translation: In sum, dealing with leverage in forex is not permissible, even if there are no overnight fees.)	The broker lends what it doesn't own, and the client sells what it doesn't own	26 Dec 2022	islamweb.net	Confirmed
Office of Grand Ayatollah al-Sistani: Q&A 0286	Buying currency when cheap and selling when dear: no objection in itself إذا كان الاستثمار بأن تشتري العملة بسعرٍ معيّن حين الرخص ثمّ تبيعها حين الغلاء فلا مانع منه في نفسه.(our translation: If the investment is buying currency at a set price when cheap and selling it when dear, there is no objection to it in itself.)	–	No date on page	sistani.org	Differs
Office of Grand Ayatollah al-Sistani: Q&A 0365	Margin trading appears to be acceptable, with conditions فالظاهر أنّه لا بأس به، نعم لا بدّ من مراعاة الشروط المعتبرة في بيع المكيل والموزون فيما كان من قبيلهما كالنفط والذهب(our translation: It appears there is no objection; however, the conditions for sale of measured and weighed goods must be observed for items like oil and gold.)	If it amounts to appointing someone at the firm to lend you the sum and trade for a set commission; the rules for measured and weighed goods apply to items like oil and gold	No date on page	sistani.org	Confirmed
National Fatwa Council of Malaysia, 98th Muzakarah	Individual spot forex on today's electronic platforms is haram perdagangan pertukaran mata wang asing (forex) oleh individu secara lani (individual spot forex) melalui platfom elektronik yang ada pada masa ini adalah haram(our translation: Foreign currency trading (forex) by individuals on a spot basis via the electronic platforms that exist today is haram.)	Doesn't apply to licensed money changers or licensed financial institutions. Reasons include rollover interest, a sale tied to a loan through leverage, unclear possession and speculation	13–15 Feb 2012	itibyan.sarawak.gov.my	ConfirmedRead in a Sarawak Mufti Department PDF that cites the Muzakarah.
Perlis State Fatwa Committee (Malaysia)	Online currency trading through platforms is prohibited, whether by individuals or institutions As for currency trading online through platforms, whether local or foreign, it is prohibited whether conducted by individuals or institutions	Reasons: no possession; riba in leverage and overnight charges; gharar; maisir	Meeting 20–21 Dec 2016; endorsed 6 Jan 2017	muftiperlis.gov.my	DiffersBroader than the national ruling: it covers institutions too.
Darul Ifta Birmingham: Mufti Nuski Cassim	Not permissible to use any conventional forex trading platform it will not be permissible to use any conventional Forex Trading platform.	Asked about an "Islamic" broker. Names riba, excessive uncertainty and lack of proper ownership in the mainstream model	15 Sep 2026	daruliftabirmingham.co.uk	Differs
Darul Iftaa Mahmudiyyah (Zambia): Mufti Nabeel Valli, Fatwa 61	Online forex trading is not permissible, so leverage in it isn't either Firstly, it is not permissible to engage in online Forex trading. Accordingly, leverage in forex trading – which is a secondary matter – is not permissible as well.	–	2 Jan 2019	daruliftaazambia.com	Confirmed

Left out, and why

I.M.A.M. answers relaying Ayatollah Sistani (qa/6276, qa/7687): the pages need JavaScript and we could only read a summary of them. Sistani's own office pages are in the table instead.
IIFA Resolution 197, sometimes cited as banning margin trading: it is about vehicle drivers' liability for excessive speed or carelessness. We found no IIFA resolution on margin trading; the 2006 margin resolution is the Muslim World League's.
Al-Azhar: we found no Al-Azhar fatwa on forex. The Egyptian body with one is Dar al-Ifta.
Mufti Menk, Darul Uloom Karachi and Dawat-e-Islami: people search for their views, but we haven't found and read a primary source from any of them yet.

Spot deals vs leverage, CFDs and futures

Is spot forex trading halal?

"Spot" in these texts means delivery and payment at once: the OIC fiqh academy's first and second modes, which it allows, and DSN-MUI's spot deal, which it allows on four conditions (it counts settlement within two days as cash). The MWL's 2024 resolution allows exchange with possession at the contract, on electronic platforms too. A broker's "spot" account may not be the same thing: Banuri Town's fatwa 144308101649 (24 Mar 2022, listed in the Urdu section) says that, spot or futures, any deal where currency is bought on deferment is impermissible, and Malaysia's National Fatwa Council (2012) calls individual spot forex on today's electronic platforms haram.

Is leverage (margin) trading halal?

Not permissible, say Jordan's Iftaa' Department (5 May 2024), Islamweb (2014, and again in 2022: "even if there are no overnight fees"), the MWL's fiqh council in 2006 (via IslamQA), Darul Iftaa Mahmudiyyah and a Shariyah Review Bureau paper. More permissive: the NU Online writer (permissible while no riba arises), Sistani's office (acceptable if it amounts to an agency loan for a set commission) and the Ask Ghamidi forum moderator (a purpose-specific loan isn't riba on its own; not a fatwa).

Is CFD or futures trading on currencies halal?

Future delivery is where the texts are clearest: not permissible in the OIC fiqh academy's 1992 resolution and the AAOIFI summary (no forward or futures, even to hedge); forwards haram in DSN-MUI 28 except an agreement for an unavoidable need, and options haram. On CFDs, SeekersGuidance's Shaykh Muhammad Carr holds them impermissible because the underlying isn't owned (in an answer on prop firms: see is prop firm trading halal?). We found no fatwa body's ruling on currency CFDs as such.

Swaps and Islamic (swap-free) accounts: what they change and what they don't

"Swap" means two different things. A broker's swap is the overnight financing charge on a position held past the day's close. An FX swap contract is a spot deal paired with a forward. DSN-MUI's 2002 fatwa calls the second haram; it isn't about the broker's overnight fee.

Does an Islamic (swap-free) account make forex halal?

The sources that address it say removing the overnight charge doesn't settle the question. Dr Hamzah Mash-Shoqah (Jordan Iftaa' Department's site, 2024) says trading through an "Islamic" forex account is impermissible, and allows forex only with spot settlement, immediate possession, no margin and no swap contracts. Darul Ifta Birmingham, asked about an "Islamic" broker (15 Sep 2026), says no conventional forex platform may be used. Islamweb says leverage isn't permissible even with no overnight fees. On the other side, the Ask Ghamidi moderator recommends a swap-free account where it removes the risk of riba.

Brokers often replace the swap rather than drop it. Per their own pages, read 20 Oct 2026: Eightcap charges an administration fee instead (amount not published), eToro charges admin fees on overnight CFD positions after 7 days, and Pepperstone EU charges an admin fee from day 10 plus a spread markup.

Gold (XAUUSD) on a forex account

Is trading gold (XAUUSD) on forex halal?

Few of the sources we read address gold on a forex account directly, and we found no fatwa on XAUUSD as such. Banuri Town's fatwa 144408101574 (13 Mar 2023; listed in the Urdu section) gives the same reasons for currency, gold, silver and commodities. Sistani's office says the rules for selling measured and weighed goods must be kept for items like oil and gold.

Brokers that offer swap-free accounts (on their own terms)

What each broker's own page says about a swap-free or Islamic account. A swap-free account removes the overnight swap charge on the broker's terms; it isn't a scholar's approval, and none of the sources above certifies any broker. Of the 35 brokers we checked, 8 say they offer one on a page we read on 20 Oct 2026; 15 more said so when we read them on 19 Oct, but we couldn't re-check them on 20 Oct (the page blocked our reader, didn't load or is gone); 8 don't say either way; and 4 say they don't [measured from the table below, 19–20 Oct 2026]. Where a broker offers one, it's often through one entity or region only: see the "Where" column.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. See our risk warnings.

Brokers and swap-free (Islamic) accounts, per each broker's own page, read 19–20 October 2026
Firm	Swap-free account?	What we read on the firm's pages	Replacement fee	Where, and which entity	Read, and source
ActivTrades	Yes	Applicants generally of the Muslim faith; documents may be requested. 5-calendar-day grace, then admin fees on some instruments; crypto and stocks still pay swaps; cash indices not allowed. Offered via ActivTrades Corp (Bahamas); UK plc not confirmed. How to get it: contact middleeastdesk@activtrades.com, 'certain restrictions and limitation may apply'. Can it be withdrawn: not visible. No interest on contracts lasting longer than 24 hours – zero rollover interest consistently. · the firm's page, read 20 October 2026 · activtrades.com	page says no rollover interest; the 5-day grace / admin-fee detail was not visible in the fetched (truncated) text	Page says the site operates outside the European regulatory framework (not MiFID II); footer 'ActivTrades Corp & ActivTrades Markets'. UK plc not shown.	Read 20 Oct 2026activtrades.com
AvaTrade	Yes	Must be verified and funded first; trades held more than 5 days are charged swaps. trades that are held open for more than 5 days will be charged swaps, even on Swap-free accounts · search excerpt of the firm's page (page not opened), seen 19 October 2026 · support.avatrade.com	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)support.avatrade.com
Axi	Yes	Free to open, country-dependent. No swaps on forex majors/minors and precious metals; all other instruments still pay swaps. Fixed holding fee after a 5-calendar-day grace period. Can't hold Standard/Pro alongside. Islamic accounts are not subject to swap fees on forex (major and minor pairs) or precious metal trading symbols. However, please note that all other instruments are subject to swap fees. · search excerpt of the firm's page (page not opened), seen 19 October 2026 · support.axi.com	Not re-checked	Not re-checked	Last read 19 Oct 2026 (page gone on 20 Oct)support.axi.com
Capital.com	Yes	For clients who can't use a regular account for religion, faith or beliefs; no open trades when switching; country list on page; whether replacement fees apply not stated. designed for those who can not use a regular account due to their religion, faith, or beliefs · search excerpt of the firm's page (page not opened), seen 19 October 2026 · help.capital.com	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)help.capital.com
Deriv	Yes	Cited trading-terms page gone (404). Deriv UAE academy page (read 20 Oct 2026): swap-free MT5 account opened from dashboard; existing accounts can't convert; forex majors/minors, commodities, popular indices; possible holding-period cap with no day count. The 5-day/15-day adjustment figures and abuse revocation in the old row were not re-seen. How to get it: new account from dashboard, existing accounts can't convert. Can it be withdrawn: not stated. No, you can not convert an existing account, however you can create a new swap-free account from your dashboard · the firm's page, read 20 October 2026 · deriv.com	no replacement fee stated; swap-free status 'may be limited to a set number of days' (no number); spreads/commissions may vary by account	Deriv Capital Contracts & Currencies L.L.C (Dubai, UAE SCA) page; Deriv's EU (Malta) trading-spec page has no swap-free mention	Read 20 Oct 2026 (changed since 19 Oct)deriv.com
Eightcap	Yes	FAQ confirms Islamic (swap-free) accounts with an admin fee instead of swap; amount, eligibility and entity terms via support only. How to get it: contact support for eligibility. Can it be withdrawn: not stated. Yes, we offer Islamic (swap-free) accounts. · the firm's page, read 20 October 2026 · eightcap.com	administration charge instead of overnight swap (amount not published)	Not confirmed which entity. FAQ was served on the UK site (footer Eightcap Group Ltd, FCA FRN 921296) and says terms vary by entity.	Read 20 Oct 2026eightcap.com
eToro	Yes	etoro.com Islamic-account page (read 20 Oct 2026): 10 listed countries, US$1,000 minimum, admin fee on CFDs after 7 days. The help-centre lines ('not licensed to offer Sharia-compliant accounts'; ME/Seychelles entities only from 30 Dec 2025) could not be re-read (page did not render). How to get it: not stated. Can it be withdrawn: not stated. With zero interest on open positions and seven days grace before administrative fees apply · the firm's page, read 20 October 2026 · etoro.com	administrative fees on overnight CFD positions after 7 days (vary by instrument); real stocks, ETFs and crypto exempt; minimum deposit US$1,000	Swap-free account for customers in UAE, Qatar, Oman, Bahrain, Saudi Arabia, Kuwait, Jordan, Morocco, Egypt, Algeria; page footer names eToro (ME) Limited (ADGM FSRA)	Read 20 Oct 2026etoro.com
Exness	Yes	Swap-free status assigned automatically to clients registered in listed Islamic countries (incl. Pakistan, Indonesia, Bangladesh, Egypt). Status depends on trading activity: heavy overnight holding can lose it. Exness makes no representation on religious suitability. Clients registered from Islamic countries are assigned swap-free status automatically. · search excerpt of the firm's page (page not opened), seen 19 October 2026 · get.exness.help	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)get.exness.help
Forex.com	Yes	US FAQ says swap-free accounts in certain circumstances; circumstances not shown. UK (StoneX) not confirmed. swap-free accounts in certain circumstances · search excerpt of the firm's page (page not opened), seen 19 October 2026 · forex.com	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)forex.com
FxPro	Yes	For religious purposes; apply by email to Back Office; fees after positions open a set number of days; abuse can remove status and back-charge swaps. UK entity not confirmed. Fees may be applied once trades on certain instruments are open for a specific number of days. · search excerpt of the firm's page (page not opened), seen 19 October 2026 · fxpro.com	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)fxpro.com
IG	Yes	IG's international-offering page lists a 'Swap-free account' in one regional office's column; which office, fees and eligibility not shown. Not confirmed for IG Markets Ltd (UK). How to get it: not stated. Can it be withdrawn: not stated. IG trading account, Limited risk account, Swap-free account · the firm's page, read 20 October 2026 · ig.com	not stated	IG international-offering table: swap-free listed in one regional column (South Africa by column order, inferred). UK column: 'IG trading account, IG professional account' only.	Read 20 Oct 2026ig.com
Markets.com	Yes	Apply after opening a standard account; own pages conflict on whether daily admin fees replace swaps.	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)markets.com
OANDA	Yes	Swap-free (not labelled Islamic) on OANDA BVI page; no admin fee first 5 days, daily fee from day 6; revocable; carry trades barred. OANDA Europe not confirmed. There is no administration charge for the first five days that the trade is open. · search excerpt of the firm's page (page not opened), seen 19 October 2026 · oanda.com	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)oanda.com
Pepperstone	Yes	At Pepperstone's discretion, some regions only. Per-lot admin fee from day 10 (older pages: day 6); FX/metals $50 per lot in newer table ($100 in June 2023 table). Spread markup. No swap-free demo. Whether Pepperstone Limited (UK) clients qualify: check eligible-country list. At Pepperstone's discretion we offer a swap-free account to some clients, due to personal or religious reasons. · search excerpt of the firm's page (page not opened), seen 19 October 2026 · pepperstone.com	Not re-checked	Not re-checked	Last read 19 Oct 2026 (page gone on 20 Oct)pepperstone.com
Pepperstone EU	Yes	CySEC cost document: no admin fee up to 9 days, charged from day 10; min 0.6 pip markup on major FX, 1 pip non-majors. How to get it: Pepperstone's discretion, 'personal or religious reasons'. Can it be withdrawn: not stated. positions held up to 9 days will not be charged with an administration fee. The charge occurs on the 10th day · the firm's page, read 20 October 2026 · files.pepperstone.com	admin fee charged every 10 days a position is open (none up to day 9); min 0.6 pip markup on major FX, 1 pip non-majors, on top of Razor spreads	Pepperstone EU Limited (CySEC 388/20), 'in some regions and at the discretion of Pepperstone'	Read 20 Oct 2026files.pepperstone.com
Plus500	Yes	Islamic account shown on Qatar/UAE sites; daily admin fee tiered by position size ($2 up to $1,000 ... $30 above $500,000). UK entity not confirmed. Islamic Trading Account Available · search excerpt of the firm's page (page not opened), seen 19 October 2026 · plus500.com	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)plus500.com
Skilling	Yes	Swap-free 'for religious purposes'; fees may apply after positions are open a set number of days; apply via support. FAQ ~929 days old. Skilling offers swap-free accounts for religious purposes. However, fees may be applied once trades on certain instruments are open for a specific number of days. · search excerpt of the firm's page (page not opened), seen 19 October 2026 · support.skilling.com	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)support.skilling.com
Swissquote	Yes	Only evidence is a 'Swap Free Request' form on the documents page; criteria and pricing not published. How to get it: request form. Can it be withdrawn: not stated. Swap Free Request · the firm's page, read 20 October 2026 · swissquote.com	not published	Swissquote Swiss site (en-ch): 'Swap Free Request' form under Individual Forex Account Forms; entity not named on page	Read 20 Oct 2026swissquote.com
ThinkMarkets	Yes	Discretionary, for religious reasons; no admin fee first 4 days, fees from day 5; open standard then email to convert; not all products. Jurisdiction-dependent. There is no administrative fee charged for the first 4 days · search excerpt of the firm's page (page not opened), seen 19 October 2026 · support.thinkmarkets.com	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)support.thinkmarkets.com
Tickmill	Yes	Classic or Raw convertible. Handling fee on selected instruments after a grace period (e.g. from 4th night on EURCZK; day 41 for some). Crypto longs 10%/yr after 5 days. Proof can be required; all accounts convert; revocable. Agreements seen for Tickmill Ltd (FSA) and Tickmill Europe (CySEC); UK entity not confirmed. How to get it: request via Client Area or Support, decision by email. Can it be withdrawn: not on page (refers to Islamic T&Cs PDF). Any Classic or Raw account at Tickmill can be converted to an Islamic account. · the firm's page, read 20 October 2026 · tickmill.com	handling fee per lot on selected instruments after a grace period (e.g. EURCZK from the 4th night; Classic swap-free from day 41 on listed instruments such as XAUUSD, USDJPY, EURCHF); long crypto 10%/yr after 5 swap-free days; fees can change at Tickmill's discretion	Not named on the page (header lists Tickmill Seychelles, UK, Europe, South Africa entities)	Read 20 Oct 2026tickmill.com
Trade Nation	Yes	Islamic (Swap-Free) Account T&Cs listed under Seychelles entity policies only; terms not read. UK entity not confirmed. Islamic (Swap-Free) Account Terms & Conditions · search excerpt of the firm's page (page not opened), seen 19 October 2026 · tradenation.com	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)tradenation.com
Vantage	Yes	Admin fee replaces swaps; Standard STP and Raw ECN; convert only with all positions closed; written request; can be revoked. Which entity (UK vs global) not confirmed. Apart from this difference, Swap-Free Accounts have the same trading conditions and terms as Vantage Markets' regular Client accounts. · search excerpt of the firm's page (page not opened), seen 19 October 2026 · helpcenter.vantagemarkets.com	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)helpcenter.vantagemarkets.com
XM	Yes	Offered on all account types per account-types page. Only for clients who cannot take swaps for religious reasons; XM can ask for proof, refuse, or revoke; all a client's accounts convert.	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)xm.com
City Index	Not stated	No swap-free or Islamic page found on cityindex.com (UK).	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)cityindex.com
CMC Markets	Not stated	No swap-free or Islamic page found on cmcmarkets.com. How to get it: n/a. Can it be withdrawn: n/a.	n/a: 'Holding Cost' columns only	cmcmarkets.com/en is the CMC Markets Bermuda Limited site; no swap-free product on it	Read 20 Oct 2026cmcmarkets.com
FXCM Europe	Not stated	FXCM pages describe interest-free accounts (fee as spread markup or extra commission), but pages are years old and the entity is not named. Treat as unconfirmed for Stratos Europe. How to get it: application form. Can it be withdrawn: not stated. Instead of interest, FXCM adds to the spreads or commission charges for interest-free accounts. · the firm's page, read 20 October 2026 · fxcm.com	spread markup or extra commission instead of interest (no figures on page)	Interest-free page is on the Stratos Global LLC (St Vincent & Grenadines) site, which says it is not directed at residents of the US, Canada, UK, EU, Hong Kong, Australia, Israel, Japan or India. Nothing found for the EU entity.	Read 20 Oct 2026fxcm.com
FXCM UK	Not stated	Same as FXCM Europe: old interest-free pages, entity not named. How to get it: application form. Can it be withdrawn: not stated. Instead of interest, FXCM adds to the spreads or commission charges for interest-free accounts. · the firm's page, read 20 October 2026 · fxcm.com	spread markup or extra commission instead of interest (no figures on page)	Interest-free page is on the Stratos Global LLC (St Vincent & Grenadines) site, which says it is not directed at UK or EU residents. Nothing found for the UK entity.	Read 20 Oct 2026fxcm.com
IG EU	Not stated	Not confirmed for IG Europe GmbH. How to get it: n/a. Can it be withdrawn: n/a. IG trading account, Limited risk account, Swap-free account · the firm's page, read 20 October 2026 · ig.com	not stated	Not shown for IG Europe GmbH. Cited page is IG Bank S.A. (Switzerland, FINMA); swap-free appears only in one regional column (South Africa, inferred).	Read 20 Oct 2026ig.com
Libertex	Not stated	No Islamic account found; only swap-free spot crypto CFDs (BTC, ETH, XRP) and a stocks-only 'Portfolio' account with no swaps.	Not re-checked	Not re-checked	Last read 19 Oct 2026 (re-check on 20 Oct blocked)libertex.com
Saxo	Not stated	No Islamic or swap-free page found on home.saxo. How to get it: n/a. Can it be withdrawn: n/a. Tom/Next and Financing interest charges can be seen in the trading platform under Account > Other > Trading Conditions > Trading rates. · the firm's page, read 20 October 2026 · home.saxo	n/a: Tom/Next and financing interest charged	Saxo (no swap-free product on page); footer Saxo Bank A/S, client entity depends on residence	Read 20 Oct 2026home.saxo
Spreadex	Not stated	First check, 20 Oct 2026: no swap-free or Islamic account on Spreadex's homepage or financials FAQ (UK FCA entity). Not stated. How to get it: n/a. Can it be withdrawn: n/a. You only pay when you trade, through the spread. · the firm's page, read 20 October 2026 · spreadex.com	n/a	Spreadex Ltd (FCA, FRN 190941): no swap-free or Islamic wording on homepage or financials FAQ	Read 20 Oct 2026spreadex.com
Darwinex	No	Own help article (read 20 Oct 2026) says no swap-free (Islamic) accounts. The cited execution-costs page no longer mentions it; it only says swaps can carry a liquidity-provider markup. How to get it: n/a. Can it be withdrawn: n/a. Darwinex does not offer swap-free (Islamic) accounts. · the firm's page, read 20 October 2026 · help.darwinex.com	n/a: swaps charged	Darwinex (not offered)	Read 20 Oct 2026help.darwinex.com
IC Markets EU	No	EU entity explicitly does not offer them. (IC Markets Global does, with a holding fee replacing swaps: https://www.icmarkets.com/global/en/trading-accounts/islamic-account.) How to get it: n/a. Can it be withdrawn: n/a. we do not offer Islamic accounts under IC Markets (EU) Ltd due to regulatory limitations · the firm's page, read 20 October 2026 · icmarkets.eu	n/a	IC Markets (EU) Ltd: not offered	Read 20 Oct 2026icmarkets.eu
Trading 212	No	Explicitly not offered. How to get it: n/a. Can it be withdrawn: n/a. Currently, we don't offer Islamic (swap-free) accounts. · the firm's page, read 20 October 2026 · helpcentre.trading212.com	n/a	Trading 212 (not offered)	Read 20 Oct 2026helpcentre.trading212.com
XTB	No	Not offered to UK/EU residents (XTB Ltd); offered under XTB International, XTB Financial Consultations and XTB MENA, for specific periods and not all products. How to get it: eligibility shown at account creation. Can it be withdrawn: not stated. We do not offer Swap Free accounts for UK/EU residents under XTB Ltd. · the firm's page, read 20 October 2026 · xtb.com	not stated on page	XTB International, XTB Financial Consultations, XTB MENA (clients from certain countries, per internal policies). Not for UK/EU residents under XTB Ltd.	Read 20 Oct 2026xtb.com

A to Z within "yes", "not stated" and "no". This page has no paid links. Prop firms are on a separate table.

فاریکس ٹریڈنگ کی شرعی حیثیت

ہم اپنی طرف سے کوئی فتویٰ یا شرعی حکم نہیں دیتے۔ یہاں صرف یہ بتایا گیا ہے کہ کن علما اور دارالافتاء نے کیا لکھا ہے، تاریخ اور لنک کے ساتھ۔ اپنے معاملے کے لیے کسی معتبر عالم سے رجوع کریں۔

کیا فاریکس ٹریڈنگ حلال ہے؟

جامعۃ العلوم الاسلامیہ علامہ بنوری ٹاؤن (کراچی) کے دارالافتاء کے جو چھ فتاویٰ ہم نے پڑھے (2019 سے 2024 تک)، ان سب میں آج کل رائج فاریکس ٹریڈنگ کے طریقوں کو ناجائز کہا گیا ہے۔ فتویٰ نمبر 144411102153 (12-06-2023) میں لکھا ہے:

«اس وقت فاریکس ٹریڈنگ کے جتنے طریقے رائج ہیں وہ شرعی اصولوں کی مکمل رعایت نہ ہونے کی وجہ سے ناجائز اور حرام ہیں۔»
banuri.edu.pk

اسی فتوے کے آخر میں یہ بھی لکھا ہے کہ اگر یہ خرابیاں دور ہو جائیں اور شرعی اصولوں کی پابندی ہو تو یہ کاروبار جائز ہوگا۔ مفتی محمد تقی عثمانی نے البلاغ پر اپنے جواب میں ان معاملات کو شریعت کے مطابق قرار نہیں دیا اور اس کاروبار کا مشورہ نہیں دیا، کیونکہ خریدی گئی کرنسی پر قبضہ (ڈیلیوری) نہیں لیا جا سکتا۔ دارالعلوم دیوبند کے ایک فتوے (1314/1314/M=1431) میں دو ملکوں کی کرنسی کا کمی بیشی کے ساتھ تبادلہ جائز کہا گیا ہے، جبکہ ایک دوسرے فتوے (1717/1119/L=1434) میں قبضے سے پہلے بیچنے کو ناجائز کہا گیا ہے۔

فاریکس ٹریڈنگ حرام کیوں؟

بنوری ٹاؤن کے ان فتاویٰ میں بیان کی گئی وجوہات میں یہ شامل ہیں: کرنسی کے تبادلے (بیعِ صرف) میں دونوں طرف سے اسی وقت قبضہ نہ ہونا؛ قبضے سے پہلے آگے بیچ دینا؛ سواپ جیسی فاسد شرطیں؛ اور حقیقی لین دین کے بجائے سٹے جیسی صورت۔ مصر کے دارالافتاء (فتویٰ 3615، 17 نومبر 2013) اور ملائیشیا کی قومی فتویٰ کونسل (2012) نے بھی سود، غیر واضح قبضے اور جوئے جیسی قیاس آرائی کی بنا پر منع کیا ہے۔

بنوری ٹاؤن کے فاریکس سے متعلق فتاویٰ، جو ہم نے 20 اکتوبر 2026 کو پڑھے
فتویٰ نمبر	تاریخ	عنوان	لنک
144411102153	12-06-2023	فاریکس ٹریڈنگ کا شرعی حکم	banuri.edu.pk
144507100043	13-01-2024	فاریکس ٹریڈنگ کی حرمت کے بعض اسباب	banuri.edu.pk
144408101574	13-03-2023	فاریکس ٹریڈنگ کے حرام ہونے کی وجوہات	banuri.edu.pk
144308101649	24-03-2022	فاریکس ٹریڈنگ حرام کیوں؟	banuri.edu.pk
144210201148	03-06-2021	فاریکس ٹریڈنگ کا حکم	banuri.edu.pk
144008200861	09-05-2019	فاریکس ٹریڈنگ کے ذریعہ کاروبار کرنا	banuri.edu.pk

بنوری ٹاؤن کی ویب سائٹ کے مطابق جامعہ اپنے فتاویٰ اور دیگر مواد کی اشاعت کی اجازت نہیں دیتی، اس لیے ہم یہاں صرف نمبر، عنوان، لنک اور ایک سطر دے رہے ہیں۔ مکمل جواب جامعہ کی ویب سائٹ پر ہے۔ دارالعلوم کراچی اور دعوتِ اسلامی کا فاریکس پر کوئی فتویٰ ہم نے ابھی تک خود نہیں پڑھا، اس لیے ان کا ذکر نہیں کیا۔

Forex trading jaiz hai ya nahi, halal hai ya haram? Banuri Town ke jo fatawa humne parhe, un sab mein aaj kal ke forex trading ke tareeqon ko najaiz kaha gaya hai, aur Mufti Taqi Usmani ne bhi is karobar ka mashwara nahi diya. Hum khud koi fatwa nahi dete.

FAQ

Is forex trading halal or haram?

Most of the bodies and scholars we read say retail online forex, as offered today, is not permissible; currency exchange with possession at the contract is allowed by the OIC fiqh academy, the MWL and DSN-MUI. A minority is more permissive. See who says what.

What does Mufti Taqi Usmani say about forex?

In his answer on Albalagh.net he says these transactions don't comply with Shariah, because the trader can't take delivery of the currency bought, and that he would not advise the trade. The page shows two dates that don't match (11 Dhu al-Qa'dah 1424 and 22 November 2007).

Is there a fatwa on forex trading?

Several. Among them: Dar al-Ifta al-Misriyya Fatwa No. 3615 (17 Nov 2013), Banuri Town's fatwas from 2019 to 2024 (listed above), Darul Uloom Deoband's fatwas 1314, 1340 and 1717, Jordan's Fatwa 3871 (5 May 2024), Islamweb 262402 and 466705, Darul Iftaa Mahmudiyyah No. 61, DSN-MUI No. 28/DSN-MUI/III/2002, and the MWL fiqh council's 23rd-session resolution (Apr 2024). Each is linked in the table.

Is forex trading gambling?

Some sources say it comes close. Egypt's Dar al-Ifta likens its uncertainty to gambling; the MWL's 2024 resolution names a gambling-like risk among its reasons; DSN-MUI calls FX swap contracts and options haram because they contain maisir (speculation); Banuri Town's 2019 fatwa says the aim seems to be satta (gambling); and Malaysia's council cites speculation involving gambling.

Which forex broker is halal?

None of the scholars or bodies we cite certifies a broker, and we don't either. What we can show is which brokers say they offer a swap-free account, on what terms and through which entity: see the broker table.

Is forex legal in Pakistan?

That's a legal question, not a religious one, and this page doesn't answer it. For India, see is forex trading legal in India? (the RBI's own words). For Pakistan we don't have a legal page yet; our Pakistan prop firm page covers which prop firms say they accept traders there, not the law.

Sources (dated)

Every source was read on 20 October 2026 unless its row says otherwise. Broker pages: read 19 or 20 October 2026, as each row says.

AAOIFI, Shari'ah Standard No. 1 (Trading in Currencies) (islamicfinance.com; Standard effective 31 May 2000; summary Jun 2015)
International Islamic Fiqh Academy (OIC), Resolution 63 (1/7) (iifa-aifi.org; 9–14 May 1992 (7th session, Jeddah))
International Islamic Fiqh Academy (OIC), Resolution 102 (5/11) (iifa-aifi.org; 14–19 Nov 1998 (11th session, Manama))
Islamic Fiqh Council, Muslim World League: 23rd session, First Resolution (themwl.org; 20–22 Apr 2024 (11–13 Shawwal 1445))
Islamic Fiqh Council, Muslim World League: 18th session (margin trading) (islamqa.info; 8–12 Apr 2006 (Makkah))
Shariyah Review Bureau (Bahrain), paper on retail forex (shariyah.net; Aug 2018)
DSN-MUI, Fatwa No. 28/DSN-MUI/III/2002 on currency trading (al-sharf) (putusan3.mahkamahagung.go.id; 28 Mar 2002 (14 Muharram 1423))
NU Online: Ustadz Muhammad Syamsudin, "Hukum Trading Forex" (nu.or.id; 5 Jan 2018)
NU Online: Ustadz Muhammad Syamsudin, leverage article (islam.nu.or.id; 15 Dec 2020)
Mufti Muhammad Taqi Usmani (Albalagh.net) (albalagh.net; Shown as 11 Dhu al-Qa'dah 1424 and 22 Nov 2007 (the two don't match))
Jamia Uloom-ul-Islamia, Allama Banuri Town (Karachi): Fatwa 144411102153 (banuri.edu.pk; 12 Jun 2023)
Darul Uloom Deoband: Fatwa 1314/1314/M=1431 (darulifta-deoband.com; 1431 AH (about 2010))
Darul Uloom Deoband: Fatwa 1340/1073/D=11/1434 (islamqa.org; Dhu al-Qa'dah 1434 AH (about Sep–Oct 2013))
Darul Uloom Deoband: Fatwa 1717/1119/L=1434 (darulifta-deoband.com; 1434 AH (about 2013))
SeekersGuidance: Shaykh Faraz A. Khan (seekersguidance.org; 13 Mar 2012)
Ask Ghamidi forum: moderator Umer (ask.ghamidi.org; 6 May 2024)
Dar al-Ifta al-Misriyya (Egypt): Fatwa No. 3615, Grand Mufti Shawki Allam (dar-alifta.org; 17 Nov 2013)
Sheikh Ahmed Wesam, Dar al-Ifta fatwa secretary (Youm7 report) (youm7.com; 15 May 2023)
General Iftaa' Department, Jordan: Fatwa 3871 (aliftaa.jo; 5 May 2024)
Dr. Hamzah Mash-Shoqah, article on the Jordan Iftaa' Department's site (5861) (aliftaa.jo; 9 Dec 2024)
Islamweb fatwa centre (Qatar): Fatwa 262402 (islamweb.net; 8 Aug 2014)
Islamweb fatwa centre (Qatar): Fatwa 466705 (islamweb.net; 26 Dec 2022)
Office of Grand Ayatollah al-Sistani: Q&A 0286 (sistani.org; No date on page)
Office of Grand Ayatollah al-Sistani: Q&A 0365 (sistani.org; No date on page)
National Fatwa Council of Malaysia, 98th Muzakarah (itibyan.sarawak.gov.my; 13–15 Feb 2012)
Perlis State Fatwa Committee (Malaysia) (muftiperlis.gov.my; Meeting 20–21 Dec 2016; endorsed 6 Jan 2017)
Darul Ifta Birmingham: Mufti Nuski Cassim (daruliftabirmingham.co.uk; 15 Sep 2026)
Darul Iftaa Mahmudiyyah (Zambia): Mufti Nabeel Valli, Fatwa 61 (daruliftaazambia.com; 2 Jan 2019)
Banuri Town, Fatwa 144507100043 (banuri.edu.pk; 13-01-2024)
Banuri Town, Fatwa 144408101574 (banuri.edu.pk; 13-03-2023)
Banuri Town, Fatwa 144308101649 (banuri.edu.pk; 24-03-2022)
Banuri Town, Fatwa 144210201148 (banuri.edu.pk; 03-06-2021)
Banuri Town, Fatwa 144008200861 (banuri.edu.pk; 09-05-2019)

This page reports what scholars and fatwa bodies have published. It isn't a fatwa, religious advice or financial advice. Spotted a mistake? See our corrections page and editorial policy.