Fatwa ID: 05884
Answered by: Shaykh Ahmed bin Mohamed Umarji
Question:
Someone asked me the question, they didn’t know forex trading was haraam and they were trading. Initially, they lost money on one trade but made it back in another trade. Are they still allowed to keep that money?
In the name of Allah, the Most Gracious, the Most Merciful
Answer:
The money that was earned through forex which is shariah non-compliant should be given away in charity without the intention of reward.1
Only Allah knows best
Written by Shaykh Ahmed Bin Mohamed Umarji
Checked and approved by Mufti Mohammed Tosir Miah
Darul Ifta Birmingham
1 Contemporary Fatawa [Mufti Taqi Uthmani], Page 153, Idara-e-Islamiat Lahore Karachi Pakistan 200
