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Pearl of Wisdom

Imam 'Ali (AS} wrote to Ibn 'Abbas: 'Do not let your share as a result of your rule be wealth that you derive [personal] gain from, nor rage that you satisfy [by revenge], but [let it be] the killing of injustice and the revival of equity.'

Imam Ali ibn Abi Talib [as]

Bihar al-Anwar, v. 40, p. 328, no. 10

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Question : #617

Category: Business / Investment

Subject:	Foreign currency trading
Question:	Salam alaikom Brother can you please indicate according to the Islamic law, is trading in foreign currency (buying and selling) permitted? Thanks
Answer:	Buying and selling foreign currency, at market price and for more or for less, is in order. There is also no difference whether selling or buying is done instantly [on the spot] or in the future.

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