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. What is an Islamic Forex account? An Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in the Islamic stock market following the principles of Islamic finance. Also known as swap-free accounts, Islamic trading accounts differ in several ways from regular Forex accounts. 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. 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. 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.
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