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!
------
We have previously written extensively on this topic. See here:
https://forum.islamicfinanceguru.com/...
and here:
https://www.islamicfinanceguru.com/is...
-----

💌 Sign up to our email newsletter - https://www.islamicfinanceguru.com/su...
🌍 Our website - https://www.islamicfinanceguru.com
To get 📕 Islamic Wills in the UK - http://wills.islamicfinanceguru.com/
👨🏼‍🏫 Our Investing Courses - https://www.islamicfinanceguru.com/co...
🙆🏻‍♂️ Our IFG Angel Investing Syndicate - http://ifg.vc/

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

Who are we:
We are two Oxford grads who have studied Islamic finance both at uni and classically for over 6 years. We quit our corporate law jobs to go full-time on IFG in 2020. We are on a mission to help 25% of the world's population with their personal finances.

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

We do this for one reason: to make our community better-off. We want to take Muslims from being among the poorest in society to the richest. We think that this is the most effective way to deal with problems like discrimination, under-representation and poverty. For more about the team visit: https://www.islamicfinanceguru.com/ab...

🌍 Our website / blog - https://www.islamicfinanceguru.com

Our most popular videos:
- Why an Islamic Will Can Save you £9700 -    • Why an Islamic Will can save you £970...  
- Investing like the 1% -    • Invest Like The 1% - Copy Their Secre...  

Get in Touch:

If you’d like to talk or have any questions or requests, we’d love to hear from you. Tweeting @IFguru directly will be the quickest way to get a response, but if your question is more complex, feel free to email us at https://www.islamicfinanceguru.com/co... - we try our respond to everyone!

🎙Our weekly podcast - https://www.islamicfinanceguru.com/po...
👔 Linkedin:   / islamicfinanceguru  
🐦 Twitter -   / ifguru  
📕 Facebook -   / islamicfinanceguru  
📸 Instagram -   / islamicfinanceguru  

#forex #forextrading #forexfatwa #Islamicforex #halalforex #investment #startup #investing#shariacompliant #halalinvesting #halalinvestment #islamicfinance #ifg