Is Forex Trading Haram or Halal? | An Insider View

Prior to IslamicFinanceGuru I worked as a corporate lawyer (Ashurst LLP and Debevoise & Plimpton LLP) and advised some of the largest forex brokers in the world on their regulatory issues.

Through this I got a really under-the-skin insight on what this business model actually is, if its truly haram or halal, and if it is actually something you should invest in.

In this video I wanted to share some of my insights into whether online forex trading is haram or halal and whether it is commercially a good idea for the average investor.

I would love to hear your thoughts in the comments below!
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We have previously written extensively on this topic. See here:
https://forum.islamicfinanceguru.com/t/fatwa-is-forex-haram-or-halal-a-comprehensive-fatwa-compilation/18
and here:
https://www.islamicfinanceguru.com/islamic-finance/forex-a-fresh-look-with-more-industry-perspective/
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TIMESTAMPS
00:00 - Introduction
00:47 - What is Forex?
02:04 - What is leverage and is it haram or halal?
03:37 - But Forex doesn't involve a loan or 2 transactions
05:56 - Islamic Forex accounts
06:51 - How many people actually win in forex?
08:46 - Conclusions

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Islamic Finance Guru (IFG) is an Islamic finance comparison and analysis site that helps people with their investment, personal finance and entrepreneurial journeys.

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Видео Is Forex Trading Haram or Halal? | An Insider View канала Islamic Finance Guru