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 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. The team at Daily Forex examined the top Muslim friendly Forex brokers and has compared them in an easy to read list where you can determine which Islamic Forex broker is the best one for you. Today, many brokers around the world are keen to offer Islamic Forex accounts for those who want to comply with Sharia law. Benefits. The XM forex Islamic accounts differ greatly from those generally offered by other forex brokers. The difference lies in the fact that unlike most forex companies who substitute additional fees by widening the spread on Islamic accounts, XM imposes no additional charges. 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.
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