The Forex trading accounts specifically designed to comply with Islamic principles are known as Islamic Forex Accounts. The Islamic forex accounts ensure that the traders belonging to the Islamic faith engage in forex trading, without breaking the laws of the religion. These Islamic forex trading accounts are also known as swap free trading accounts in the forex market. Forex trading is, in the simplest of terms, currency trading. It is a globally decentralized market where businesses, investors, banks, governments and traders come to exchange currencies. Being the largest and the most liquid market in today’s world, forex trading has reached stupendous levels of popularity, resulting in an average daily ... 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. List of top muslim friendly forex brokers with islamic sharia-compliant swap free account in 2020, check it out the best and trusted company for online currencies and CFDs trading.
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