Pearl of Wisdom

in his advice to Kumay l said, ?O Kumay l, you cannot ever be devoid of the bounties of Allah and the good health [given to you by Him], so do not remain without praising Him, exalting Him, glorifying Him, sanctifying Him, thanking Him and remembering Him in every situation.'

Imam Ali ibn Abi Talib [as]
Bashara al-Mustafa, p. 28

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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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