17.02.2012 - Bank Negara clarifies Fatwa ruling on forex trading

Bank Negara Malaysia said that only licensed financial institutions and money changers are allowed to conduct foreign currency trading. This statement came about after the National Fatwa Council's ruling on Wednesday that forex trading is forbidden for Muslims. The Council's statement on it being permissible among banks and money changers was not prominently mentioned in the media, which created some confusion among the public...............................................Full Article: Source

Print