Friday, 9 May 2014

Is forex Trading haram

Forex Trading is consider to be a smartest business but people who follow Islam are searching fatwa about Forex Trading. If you trade on forex trading so will it haram or halal? Is forex trading is allow in Islam or What Islam told us about Trading system. There are all questions which is a need of A True Muslim.
Read it Carefully, When we listen about trading fatwa is there or when we See videos on youtube so we saw That Dr.Zakir Naik is telling about Forex is Haram or HALAL ? but in reality Dr.Zakir Naik did not mention Term Forex, Dr.Zakir naik use term Stock Exchange but also he mentioned few Conditions on his video that RIBA ( Interest is not allowed in Islam ) and if a company base on interest system of any bank or if a company is doing business of film industry, porn graphic movies even if a Company is about music albums so it is not allowed in Islam. SO PLEASE DON'T THINK THAT DR.ZAKIR NAIK ALLOW FOREX TRADING. EVEN DR.ZAKIR NAIK DID NOT PASS ANY COMMENTS ON FOREX TRADING YET.
IS FOREX TRADING IS HALAL OR HARAM ?
FOREX TRADING IS NOT MENTIONED IN QURAN OR IN ANY ISLAMIC BOOK BUT WE SHOULD KNOW ABOUT BASICS OF FOREX TRADING. IN FOREX TRADING WE SUPPORT CURRENCIES MEANING COUNTRIES AND IN SIMPLE WORDING IF A CURRENCY WILL BE ON DEMAND SO WE CAN EARN PROFIT IF WE ARE SUPPORTING THAT CURRENCY IN A PAIR. WE ALL KNOW THAT ALL COUNTRIES DEPEND ON DIFFERENT EARNING SOURCES LIKE CHINA EARNS FROM HIS TECHNOLOGY, JAPAN EARNS WITH ITS TECHNOLOGY BUT THERE ARE FEW MORE FACTORS OF EARNING LIKE ENGLAND EARN VIA PORN GRAPHIC MOVIES, ENGLAND EARN BY EXPORTING DRUGS, ENGLAND EARNS BY CALL GIRLS ( DIRTY BUSINESS IN DANCE BAR OR ETC ) SO IF WE ARE SUPPORTING ANY COUNTRY OR CURRENCY To EARN MONEY IT MEANS THAT WE ARE EARNING PROFIT FROM HARAM. IT MIGHT BE POSSIBLE THAT FOREX TRADERS WILL tell a lie because these all wants referrals and students BUT YOU SHOULD THINK ABOUT THEIR INCOME LET'S SUPPOSE YOU DID AN ORDER ON EUR BUY IF EUR WILL DEPEND ON PROFIT OF 0.001% DRUGS SO WHAT WILL YOU DO? SO PLEASE AVOID FOREX TRADING AND SHARE WITH ALL FRIENDS.