Saturday, May 24, 2008

RE: Pipsology's Forex Leverage

Saturday, May 24, 2008
Now I have too admit that we're not really expert in Forex whatmore Forex in Islam. Don't remember if we ever discussed it in class (unless of course I wasn't paying much attention lol). Anyways I looked it up online and did a brief research and here's some source that might help in answering your questions.

http://www.youtube.com/watch?v=Z9ngYs1J5zw
http://www.zaharuddin.net
http://www.islamonline.net/livefatwa/english/Browse.asp?hGuestID=Ta4O7M

Remember that there are specific conditions imposed in order to ascertain that a financial product is halal (no riba). Two primary conditions are 1)transactions needs to be on the spot 2)the value needs to be equivalent. As for forex leverage some argued that because the amount "controlled" does not really exists (since it can only be realized when profit is made) it might be constituted as gharar (uncertainty) and is thus not permissible (haram). Some form of forex leverage also uses derivatives (forwards, options, futures, etc.) and is thus is not permissible. Again I am not by any means an expert (or even remotely knowledgeable) therefore it is better to refer to professionals in this matter.

For Nas: If you're reading this, your comments (and thoughts) would be greatly appreciated.
For Max: Try asking Tasadaq when you get the opportunity okay?

6 comments:

anonymous said...

This is a text message from Max (presumably already asked Tasadaq =p thx bro)

Leverage is the borrowing of funds. So depends lah where you get your funds from, whether ada interest or not, so if ada haram, if nada interest, halal

Anonymous said...

Who knows where to download XRumer 5.0 Palladium?
Help, please. All recommend this program to effectively advertise on the Internet, this is the best program!

Anonymous said...

Good day !.
might , probably very interested to know how one can make real money .
There is no need to invest much at first. You may start to receive yields with as small sum of money as 20-100 dollars.

AimTrust is what you need
The company incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

Its head office is in Panama with offices everywhere: In USA, Canada, Cyprus.
Do you want to become an affluent person?
That`s your choice That`s what you desire!

I feel good, I started to take up income with the help of this company,
and I invite you to do the same. It`s all about how to select a correct partner utilizes your money in a right way - that`s it!.
I take now up to 2G every day, and my first deposit was 1 grand only!
It`s easy to get involved , just click this link http://uxogilebat.s-enterprize.com/abasawup.html
and go! Let`s take our chance together to get rid of nastiness of the life

Anonymous said...

Hi !.
You may , probably curious to know how one can collect a huge starting capital .
There is no need to invest much at first. You may commense to receive yields with as small sum of money as 20-100 dollars.

AimTrust is what you thought of all the time
The firm incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

It is based in Panama with structures around the world.
Do you want to become an affluent person?
That`s your choice That`s what you desire!

I feel good, I began to take up real money with the help of this company,
and I invite you to do the same. If it gets down to choose a proper partner utilizes your savings in a right way - that`s the AimTrust!.
I make 2G daily, and my first investment was 500 dollars only!
It`s easy to get involved , just click this link http://juvoninocy.dreamstation.com/ewybysi.html
and go! Let`s take this option together to feel the smell of real money

Anonymous said...

50mg vastarel World shippind brand viagra Drug prevacid 10mg xeloda Online levoxyl Buy prilosec

Anonymous said...

Good day, sun shines!
There have were times of hardship when I felt unhappy missing knowledge about opportunities of getting high yields on investments. I was a dump and downright pessimistic person.
I have never thought that there weren't any need in large initial investment.
Nowadays, I feel good, I started take up real money.
It's all about how to choose a correct partner who utilizes your money in a right way - that is incorporate it in real deals, and shares the profit with me.

You may ask, if there are such firms? I'm obliged to answer the truth, YES, there are. Please get to know about one of them:
http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]

 
Design by Pocket