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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 best forex trading platform

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The best forex trading platform It is a fantastic trading alternative to increase your profit and pay the lowest price for fees or interest rates. Although IG is among the top 10 brokerage firms, it has failed to add a backtesting feature to its proprietary platform. We value your here. The ThinkOrSwim trading platform offers the following notable features:. Demo Accounts Beginning forex traders and professionals alike the best forex trading platform benefit from having a demo account.

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2022's Best Forex Brokers !!

CMC Markets: Best Overall Forex Broker and Best for Range of Offerings. London Capital Group (LCG): Best Forex Broker for Beginners. Saxo Capital Markets: Best Forex Broker for Advanced Traders.