Pearl of Wisdom

when 'Abd al-'Azim al-Hasani asked him about Dhul Kifl and his name, and whether he was a messenger, said, 'Allah, exalted be His remembrance, sent one hundred and twenty four thousand prophets, of whom three hundred and thirteen were messengers, and Dhul Kifl was one of them, peace of Allah be upon them all. He was after Solomon, son of David (AS), and he used to judge between people like David did before him. He never became angry other than for Allah, and his name was 'Uwaydiya'. He is the one Allah, Mighty and Exalted, has mentioned in His book, saying remember Ishmael, Elisha and Dhu'l-Kifl each {of whom was} among the elect. '.

Imam Muhammad ibn Ali al-Taqi [as]
asas al-Anbiyd', p. 213, no. 211

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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?

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.

If you require further clarification on this answer, please use the feature to respond to the stated answer.
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