Forex trading 'haram', says National Fatwa Council

KOTA BARU: The National Fatwa Council ruled Wednesday that foreign exchange trading (forex trading) is forbidden (haram) for Muslims.

Council chairman Tan Sri Dr Abdul Shukor Husin said forex trading was against Islamic law and created confusion among Muslims.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation
Cops identify two victims of car fire at Jitra toll plaza
Review underway on proposed amendments to Federal Capital Act
Sinkhole found in Bayan Lepas side lane, road closed six days
Cops detain 15 illegal immigrants from Myanmar in Kota Baru
Woman loses RM166,000 to fake investment scheme
Police issue 128 campaign permits for Kinabatangan, Lamag by-elections
Kelantan JPJ to conduct random checks on 'RXZ Forever Legend' participants
Rubber tapper escapes gallows, sent to jail for double murder
Sarawak-owned AirBorneo setting up flights to Peninsula in 2026, South-East Asia routes in 2027
Singapore to set up consulates in Sarawak, Sabah

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.