Question:
Asalam Alaikum,
I was wondering if anyone could tell me if it is permissible to trade (buy/sell) shares (stock, commodity, currency). I am interested in Foreign exchange market (currency trade). I would like to know, is trading on the Forex market halal or haram? Meaning whether or not it is allowed by the religion. Thank You in advance.
Answer:
wa `alaykum salam,
It’s Halal.
Imam Senad Agic, Ph.D.
Head Imam (IABNA)
The Islamic Association of Bosniaks in North America
www.mesihat.com
