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It is the legal way of trading (day trading is halal). In today modern days, forex trading transactions are made between the forex broker and the forex trader which stands in line with the islamic laws that states that it must involve two parties. Forex is short for foreign exchange and represents the global market for currency exchange. On the other hand, if forex trading was haram then why is that the six gcc countries poured $45 billions in forex trading in march 2009. However, dig a little deeper and you might wonder is forex trading actually haram?
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