Currency Trading
Assalamu Alaikom,I just wanted to ask about the latest fatwa on currency trading. I have searched a lot for an answer and still couldnt find one. Most scholars just specify the conditions for trading to be acceptable such as 'al taqabod' and the other conditions, but it seems to me they are still beating around the tree. The question is simple: Is foreign currency trading through current international brokerage agencies such as FXCM, Fxsol and MGI halal, provided that the opened accounts are interest -free?I would really really appreciate your response.Thanks Rasha