the australian financial review
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The following decisions were made:. Based on the in-depth research conducted, the Discourse has found that individual spot forex electronic transactions contain elements of usury riba in the imposition of rollover interest, resemble a sale contract with credit term by way of leverage, is ambiguous forex online analytics terms of the transfer of the possession of items exchanged between the parties, include the sale of currency that is not in possession as well as speculation that involves gambling. Furthermore, it is also illegal under the laws of Malaysia. In relation to the above, the Discourse has agreed to decide that the hukum islam main forex individual spot forex electronic transactions are prohibited as they are contrary to the precepts of the Shariah and are illegal under Malaysian law. Therefore, the Muslim community is prohibited from engaging in forex transactions such as these. The Discourse also stressed that the decision made is not applicable to foreign currency exchange operations carried out at licensed money changer counters and those handled by financial institutions that are licensed to do so under Malaysian law. Click here to view.

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The australian financial review

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Close menu Search Search. Coronavirus pandemic Locked down Shanghai residents demand release, and some get it On a balmy Sunday night, residents of an upscale Shanghai compound took to the streets to decry lockdown restrictions. May 28, Emily Wang Fujiyama.

May 28, Joe Barnes. May 28, Reuters. May 28, Michael Bailey. Russia-Ukraine war West mulls having Russian oligarchs buy way out of sanctions Western allies a considering a proposal to help fund the rebuild of Ukraine by allowing Russian oligarchs to buy their way out of sanctions. May 28, Robert Gillies and Frank Jordans. May 28, James Titcomb. May 28, May 28, Edmund Tadros. Wall Street US stocks rally, record best week since November Shares were broadly higher in New York, ahead of the Memorial Day holiday weekend, with investors assuaged by the latest data.

May 28, Timothy Moore. Carbon challenge South32 urges Greens to spare coking coal from mine expansion ban The Greens have vowed to prevent expansion of existing coal mines but South32 boss Graham Kerr said mines supplying coking coal for steelmaking should be exempt May 28, Peter Ker.

May 28, Peter Kerr. Cancer Good cancer results despite low spending by international standards The research, completed by Yale University doctors, found Australia spent among the least of high-income countries on cancer care but also had some of the lowest mortality rates.

May 28, Hannah Wootton. Updated May 27, David Rowe. May 27, Carrie LaFrenz. Updated May 27, Michael Bleby. May 27, Tony Boyd. Coronavirus pandemic Locked down Shanghai residents demand release, and some get it On a balmy Sunday night, residents of an upscale Shanghai compound took to the streets to decry lockdown restrictions.

Opinion Federal election The Liberals learnt nothing from this traumatic result Coalition politicians are blithely carrying on from day to day as if nothing notable happened last Saturday. Lunch with the AFR Why this woman is ready to blow up the building industry.

Property market Holiday homes on the chopping block as rates rise. Cryptocurrencies How fashion brands are targeting the emerging metaverse. The battle between iron ore and tech has been won. New partners at law firm Corrs Chambers Westgarth. PE firm Battery Ventures lobs bid for Infomedia.

No love lost between Tim Smith and Josh Frydenberg. Cranbrook parents seek to oust school president Jon North. Parenting What the science tells you about raising kids Nature or nurture? Lunch with the AFR Why this woman is ready to blow up the building industry Construction boss Alison Mirams wants to encourage more women into the sector.

Opinion Interest rates The next market rally depends on this If the Fed does not need to take its cash rate into restrictive territory care of more benign inflation pressures, risk assets could rally. Energy Where you can find cheaper loans for solar or electric vehicles Want your household to go green to cut soaring energy costs? Superannuation Tax-cutting super hacks in countdown to June 30 If you have unusually high income this year, there are ways you may be able to get more into your fund to get an even bigger tax saving.

Carbon challenge South32 urges Greens to spare coking coal from mine expansion ban The Greens have vowed to prevent expansion of existing coal mines but South32 boss Graham Kerr said mines supplying coking coal for steelmaking should be exempt. Interest rates Mortgage wars heat up with cuts and increases all at once ANZ and Westpac have cut variable rates for simple loans, but analysts are warning the tide of bad debts might be about to turn. Cryptocurrencies How fashion brands are targeting the emerging metaverse As fashion goes digital with NFTs, a new wave of buyers is clamouring for online objects, alongside those eager to snap up physical collections.

Search companies View stories and data from an ASX listed company. Search company by ASX code or name Search. Wall Street US stocks rally, record best week since November Shares were broadly higher in New York, ahead of the Memorial Day holiday weekend, with investors assuaged by the latest data.

Shares ASX adds 1. Greg Earl Contributor. Ronald Mizen Economics correspondent. Federal election I knew Albanese when he was a paperboy I was a year behind Anthony Albanese at high school. Paul Cleary Contributor. Interest rates The next market rally depends on this If the Fed does not need to take its cash rate into restrictive territory care of more benign inflation pressures, risk assets could rally.

Christopher Joye Columnist. Australia's China challenge The uses and the limits of the Quad The Quad prevents China getting its own way all the time. Susannah Patton Contributor. Energy prices Albanese flags relief as power bills rise as much as 95pc The PM has signalled additional cost of living relief as the global energy crisis hits Australia, with some households in NSW facing a 95 per cent rise in power bills.

Exclusive Federal election Poor decisions, accidents and fate: How the Liberals imploded The Liberal Party knew it was losing the election, yet some MPs, whose careers were destroyed, were in denial. Federal election Dutton leaves open blocking Labor climate policies The next opposition leader said the price and reliability of energy was his key focus, amid jockeying in the Nationals over who will lead the junior Coalition party.

Russia-Ukraine war West mulls having Russian oligarchs buy way out of sanctions Western allies a considering a proposal to help fund the rebuild of Ukraine by allowing Russian oligarchs to buy their way out of sanctions. Property market Holiday homes headed for the chopping block as rates rise Rising interest rates and living costs could prompt holiday homeowners to dump their second homes, particularly if they bought at the height of the boom last year, experts say.

Accommodation Marriott seals deal to run first hotel at Western Sydney Aerotropolis Take a look at the first hotel planned for the new airport precinct, part of a bigger regional play by the developer. Minimum wage Calls for minimum wage delay questioned following business recovery An analysis produced by the minimum wage panel shows even the hospitality sector is close to regaining its pre-COVID strength.

David Rowe cartoons for May May 27, View more editorial cartoons. This new Sydney wine bar is all about one thing Jill Dupleix. After fire devastation, Henschke unveils sensational new shirazes. Follow this four-step plan. Cannes sparkles as Chopard celebrates 25 years on the red carpet Lauren Sams. How an ancient Spanish grape captivated two WA winemakers.

Which of these highly valuable cars would you choose? Rich List ups and downs snapshot of a turbulent era.

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The Australian Financial Review reports the latest news from business, finance, investment and politics, updated in real time. It has a reputation for. The Australian Financial Review is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The Australian Financial Review (abbreviated to the AFR) is an Australian business-focused, compact daily newspaper covering the current business and.