Is Trading in Margins Permissible?
Respected scholars, as-salamu `alaykum. Is it permissible to deal in currencies in the foreign exchange market (Forex) over the Internet? What is your opinion regarding the issue of tabiyit (stipulating interest for not using the deal on the same day)? Also, what is your opinion about the clearing process which is to delay submitting one to two days after the contract ends? Jazakum Allahu Khayran.
