Mufti cant answer lah..

they dont even know what is ECN..

they only looking bucket shop broker .


and why THE BANK STILL OFFER HARAM PRODUCT TO MUSLIM IN MALAYSIA..



ironic isnt?

haram or not, is between you and your God.

Those lebai ask them to STFU.

haram is haram

u blow?

i dont understand.. all country like SG indonesia already make forex legal. all moving forward.

and this Malaysia moving backward.

they said we cant follow SG and Indonesia because they secular..we are not.

yes. Malaysia not secular with casino..all night club.. etc..

You already made the answer yourself....as i said...no answer here...go Mufti office but you lazy and came out the answer yourself....better don't ask question here lor

1 standard lot is $100,000

most traders will hit margin calls

i dont care. .. i know ECN not haram. if haram the mufti already said trading using ECN haram. or trading using FTMO demo account also haram.

they said only online fx spot trading like that stupid bucket shop broker.

so u ask ur mufti. give me back answer ok. ECN haram or not. then if haram then i quit for good k.

this halal and haram make malaysia going backward .. forex already legal in SG and Indonesia. they regulated so their people dont lose money to scum broker..

see TIFIA broker case in malaysia right now? because of stupid malaysia regulator still not enforce it. so many people losing money with scum broker.

dont care why open tered

trade 0.01 lah..if no money .

all adult. lose money then lose money nobody responsible for u.

they just need protection from regulator like how safe their fund .. that it. that why legal important.

but this malaysia regulator still blind and slow to act..

not like SG and Indonesia. proactive.

blanket ban is better, else everyone will gamble gao gao

u dont like go open ur thread lah..

nobody forced u.

nobody force u to open tered

u say u dont care

u still open tered

kekw

that very hyprocite..

that bursa saham how many people lose money to Serbadk.. i mean the most useless bursa in the world = bursa saham malaysia right?

i am losing rm40k from serbadk. blanket ban also. just go ahead lah haha.

living in 2022 still wanna restrict people to trade or not to trade... that why need regulator. enforce low leverage like that SG... so they want gamble also waste of time. maybe quit because no big money no big profit.

how stupid

yeah. i want to open or not..

depend on my mood..

so maybe that stupid people said forex haram learn something from here.

There is a grey area between investing and gambling and
forex trading can be at both spectrum. There are alot of peoples involved in gambling when they though they are investing. Probably that s why they want to ban it here
While these people shun casino and toto, but got involved in forex trading, unknown to them, both are gambling in a different format.

This post has been edited by Singh_Kalan: May 29 2022, 09:23 AM

Just change the term

Just informing....not preaching.

It's all up to you.

As long as you put sticker to indicate haram then is okay … to buy or not up to the person … most important is to indicate and label it for public knowledge …

I just read this instead https://www.islamicfinanceguru.com/articles...ail-fx-industry

Read watever u want.. halal and haram is just like you want take islamic loan or conv loan. one halal one haram. but bank still allowed it even ur muslim. so up to you.

the point is legality.

do you want people want lose money with scum broker ? recent case right now TIFIA broker.

people want to trade forex. let them be. atleast regulate so only reputable broker allowed like that SG did..


the useless malaysia SC still dont want to regulated forex industry like SG . the reason? wanna protect useless bursa broker because cant compete with Saxo IKBR oanda etc. LOL.

so people want to trade they resort to Scum broker because all these reputable broker not allowed operate here due to useless SC regulation.

so the problem not about halal and haram.. it about legality.

if about halal and haram then stop offering all non syaria to muslim. but they still allow.. halal and haram lanjiao like that?

the problem they want to protect these useless local bursa.. at expense of people money.