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 why forex haram in malaysia?

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SUSecntrader
post May 28 2022, 10:37 PM, updated 4y ago

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this country secular or not?

i dont know.. if not secular. we have too many night club.. even casino..how is possbile?

how they said our country not secular..so forex. haram..

but how the bank can offer non syaria product ( haram product ) to muslim?


trading with forex ECN platform also haram? ..

or i am trading demo with FTMO prop firm also haram??




novblaze
post May 28 2022, 10:38 PM

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Buy from bank and money changer. X salah
danielmckey
post May 28 2022, 10:39 PM

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Rempit Haram or not? Why still rempit if Haram? Smoking cigarettes Haram or not? Ketum is still drug, Haram or not?

This post has been edited by danielmckey: May 28 2022, 10:40 PM
SUSecntrader
post May 28 2022, 10:40 PM

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QUOTE(novblaze @ May 28 2022, 10:38 PM)
Buy from bank and money changer. X salah
*
buy from bank and money changer.. also like ECN lah.

u know ECN or not?


well i am trading with prop firm also haram?

i buy 200usd .. so i trade the demo account..

if i pass . then they give me 20k usd demo account with 10% max loss. maybe they mirror it or just waiting i am losing money. since we are dumb retail anyway. smile.gif

also haram?


tataunama
post May 28 2022, 10:40 PM

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QUOTE(ecntrader @ May 28 2022, 10:37 PM)
this country secular or not?

i dont know.. if not secular. we  have too many night club.. even casino..how is possbile?

how they said our country not secular..so forex. haram..

but how the bank can offer non syaria product  ( haram product ) to muslim?
trading with forex  ECN platform also haram? ..

or i am trading demo with FTMO prop firm also haram??
*
Go search from valid source...you cannot get the correct answer here.
SUSecntrader
post May 28 2022, 10:42 PM

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QUOTE(danielmckey @ May 28 2022, 10:39 PM)
Rempit Haram or not? Why still rempit if Haram? Smoking cigarettes Haram or not?
*
haram ..

but they still dont care..

and this forex why all muslim so care so much with halal and haram? so popular topic in tiktok fb etc..


they love to cherry pick halal haram?

why not go to the bank and said to the manager. hey stupid this is haram. why u offer to us muslim? just offer that to non only la..

but they no ball. mostly this useless panel syariah of malaysia. lel.
SUSecntrader
post May 28 2022, 10:43 PM

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QUOTE(tataunama @ May 28 2022, 10:40 PM)
Go search from valid source...you cannot get the correct answer here.
*
what valid?

even ur fatwa also dont said anything about ECN platform ?

they said online spot trading haram..

that one big difference lah ECN and online bucket shop trading like that.
danielmckey
post May 28 2022, 10:45 PM

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QUOTE(ecntrader @ May 28 2022, 10:42 PM)
haram ..

but they still dont care..

and this forex why all muslim so care so much with halal and haram? so popular topic in tiktok fb etc..
they love to cherry pick halal haram?

why not go to the bank and said to the manager. hey stupid this is haram. why u offer to us muslim? just offer that to non only la..

but they no ball. mostly this useless panel syariah of malaysia.  lel.
*
As usual, all just gimmick. Some religion believes, of you lying once god will forgive you thousand times & chances go to heaven high. You believe?
SUSecntrader
post May 28 2022, 10:51 PM

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QUOTE(danielmckey @ May 28 2022, 10:45 PM)
As usual, all just gimmick. Some religion believes, of you lying once god will forgive you thousand times & chances go to heaven high. You believe?
*
yeah. i dont get it why all bursa saham trader so jealous with forex trader?

so the only point they have forex haram. that it. from 10 year ago. still that only point forex haram .

i change to forex trading they said haram haram haram.. FUCK THEM LA.

HARAM JADAH that serbadk i lose rm40k. more cibai. :smile.gif
Frozen_Sun
post May 28 2022, 10:58 PM

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In sharia law....transactions should be based on exchange of commodities and services.

Money or currencies can't be exchanged for profit.


SUSrtk74
post May 28 2022, 11:01 PM

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QUOTE(Frozen_Sun @ May 28 2022, 10:58 PM)
In sharia law....transactions should be based on exchange of commodities and services.

Money or currencies can't be exchanged for profit.
*
TS wanna think about P/L only, lain tibai je
Similanjau
post May 28 2022, 11:01 PM

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deiiii

u r doomvein dupe issit?

keep repeating the same thing over and over again
PJng
post May 28 2022, 11:02 PM

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QUOTE(Similanjau @ May 28 2022, 11:01 PM)
deiiii

u r doomvein dupe issit?

keep repeating the same thing over and over again
*
Or messiahword?
Similanjau
post May 28 2022, 11:04 PM

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QUOTE(PJng @ May 28 2022, 11:02 PM)
Or messiahword?
*
doomvein la

sohai kekwen aka messiah is cina

he's not
SUSecntrader
post May 28 2022, 11:09 PM

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QUOTE(Similanjau @ May 28 2022, 11:01 PM)
deiiii

u r doomvein dupe issit?

keep repeating the same thing over and over again
*
what doom?

blackmetal band? already 2022 still have that kind of band?
SUSecntrader
post May 28 2022, 11:10 PM

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QUOTE(PJng @ May 28 2022, 11:02 PM)
Or messiahword?
*
i am messiah follower la. that why
SUSecntrader
post May 28 2022, 11:13 PM

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QUOTE(Frozen_Sun @ May 28 2022, 10:58 PM)
In sharia law....transactions should be based on exchange of commodities and services.

Money or currencies can't be exchanged for profit.
*
who said i am trading for profit?

i am trading to hedge my saving due to MYR rising...

and i am using prop firm like FTMO using demo account pay 200usd to have chance for rm100k fund.

SO what ur answer now? still haram? LOL.


tataunama
post May 28 2022, 11:14 PM

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QUOTE(danielmckey @ May 28 2022, 10:45 PM)
As usual, all just gimmick. Some religion believes, of you lying once god will forgive you thousand times & chances go to heaven high. You believe?
*
Go Mufti office and ask question.
SUSecntrader
post May 28 2022, 11:15 PM

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QUOTE(Celine Ling @ May 28 2022, 11:03 PM)
Riba, faham?
*
no swap how riba?

they said trading for profit.. well i am trading forex to hedge my MYR due to stupid MYR all time high now.

where profit?

so funny lah. LOL.
teslaman
post May 28 2022, 11:16 PM

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QUOTE(ecntrader @ May 28 2022, 10:37 PM)
this country secular or not?

i dont know.. if not secular. we  have too many night club.. even casino..how is possbile?

how they said our country not secular..so forex. haram..

but how the bank can offer non syaria product  ( haram product ) to muslim?
trading with forex  ECN platform also haram? ..

or i am trading demo with FTMO prop firm also haram??
*
if u make money, its not haram lo
SUSecntrader
post May 28 2022, 11:16 PM

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QUOTE(tataunama @ May 28 2022, 11:14 PM)
Go Mufti office and ask question.
*
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?
bill11
post May 28 2022, 11:18 PM

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haram or not, is between you and your God.

Those lebai ask them to STFU.
vandar59
post May 28 2022, 11:18 PM

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haram is haram

u blow?
SUSecntrader
post May 28 2022, 11:19 PM

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QUOTE(teslaman @ May 28 2022, 11:16 PM)
if u make money, its not haram lo
*
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..
tataunama
post May 28 2022, 11:21 PM

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QUOTE(ecntrader @ May 28 2022, 11:16 PM)
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?
*
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
teslaman
post May 28 2022, 11:21 PM

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QUOTE(ecntrader @ May 28 2022, 11:19 PM)
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..
*

1 standard lot is $100,000

most traders will hit margin calls
SUSecntrader
post May 28 2022, 11:23 PM

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QUOTE(vandar59 @ May 28 2022, 11:18 PM)
haram is haram

u blow?
*
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.
vandar59
post May 28 2022, 11:24 PM

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QUOTE(ecntrader @ May 28 2022, 11:23 PM)
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


SUSecntrader
post May 28 2022, 11:26 PM

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QUOTE(teslaman @ May 28 2022, 11:21 PM)
1 standard lot is $100,000

most traders will hit margin calls
*
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.
teslaman
post May 28 2022, 11:27 PM

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QUOTE(ecntrader @ May 28 2022, 11:26 PM)
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
SUSecntrader
post May 28 2022, 11:27 PM

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QUOTE(vandar59 @ May 28 2022, 11:24 PM)
dont care why open tered
*
u dont like go open ur thread lah..

nobody forced u.


vandar59
post May 28 2022, 11:28 PM

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QUOTE(ecntrader @ May 28 2022, 11:27 PM)
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
SUSecntrader
post May 28 2022, 11:29 PM

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QUOTE(teslaman @ May 28 2022, 11:27 PM)
blanket ban is better, else everyone will gamble gao gao
*
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
SUSecntrader
post May 28 2022, 11:30 PM

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QUOTE(vandar59 @ May 28 2022, 11:28 PM)
nobody force u to open tered

u say u dont care

u still open tered

kekw
*
yeah. i want to open or not..

depend on my mood..

so maybe that stupid people said forex haram learn something from here.
Singh_Kalan
post May 28 2022, 11:36 PM

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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
Taikor.Taikun
post May 29 2022, 12:04 AM

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QUOTE(Celine Ling @ May 28 2022, 11:03 PM)
Riba, faham?
*
Just change the term
Frozen_Sun
post May 29 2022, 12:56 PM

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QUOTE(ecntrader @ May 28 2022, 11:13 PM)
who said i am trading for profit?

i am trading to hedge my saving due to MYR rising...

and i am using prop firm like FTMO using demo account pay 200usd to have chance for rm100k fund.

SO what ur answer now? still haram? LOL.
*
Just informing....not preaching.

It's all up to you.
p4n6
post May 29 2022, 01:04 PM

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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 …
eclectice
post May 29 2022, 01:40 PM

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I just read this instead https://www.islamicfinanceguru.com/articles...ail-fx-industry
SUSecntrader
post May 29 2022, 01:50 PM

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QUOTE(eclectice @ May 29 2022, 01:40 PM)
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.
cikalakacikaci
post May 29 2022, 01:56 PM

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QUOTE(ecntrader @ May 28 2022, 10:40 PM)
buy from bank and money changer.. also like ECN lah.

u know ECN or not?
well i am trading with prop firm also haram?

i buy 200usd .. so i trade the demo account..

if i pass . then they give me 20k usd demo account with 10% max loss. maybe they mirror it or just waiting i am losing money. since we are dumb retail anyway. smile.gif

also haram?
*
No haram just yakin boleh
If lose all haram jadah kau

SUSecntrader
post May 29 2022, 02:02 PM

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QUOTE(cikalakacikaci @ May 29 2022, 01:56 PM)
No haram just yakin boleh
If lose all haram jadah kau
*
u know i lose 40k from serbadk also dont care or jealous people want to trade forex or what..

even i support them to trade other that bursa malaysia. as long use reputable broker.

These cibai sifu saham and bursa trader you lose lose money at bursa then diam diam la. why u need to make a fuss forex haram forex haram.. sindir sindir perli perli like that?

justify halal and haram but bank still allow muslim take non syaria product..

no ball to declare illegal as muslim to take non syaria product? maybe this non syaria product haram sikit sikit. that why still to offer to muslim. meanwhile buying 4d and buying whiskey at the mall consider haram banyak banyak coz straight illegal for u as muslim to buy.

this hyprocite to the max la.

go justify la go demo in front of bank why offer non syaria to muslim?

and Stupid SC malaysia of course always useless... wanna beat SG like this? maybe 1000 year
SUSecntrader
post May 29 2022, 02:08 PM

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QUOTE(p4n6 @ May 29 2022, 01:04 PM)
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 …
*
wah so easy like that? if haram it should be declare illegal for muslim. no compromise. . public knowledge or not..

you do haram thing as muslim like cheong .. gambling .. buying 4d . next time said to enforcer. hey fucker.. buy or not that up to me .. the sticker already said haram i dont care. i want buy .. UP TO ME. just screaming to the officer like that. see if they take it as compliment or insult LOL.

now what the different non syaria product to that cheong gambling buying 4d?

maybe that non syaria product have first class treatment of halal thing. that mean u muslim apply it also no kena fine .. but other haram thing.. sure kena punya LOL.


eclectice
post May 29 2022, 02:14 PM

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Actually, BNM has declared forex is haram and it is legalized under Akta Perkhidmatan Kewangan 2013 atau Akta Perkhidmatan Kewangan Islam 2013.

https://www.bnm.gov.my/documents/20124///cc...b-9605e4c12250/

Akta 759: Seksyen 153
https://www.bnm.gov.my/documents/20124///b1...a0-9b308b474ffb

This post has been edited by eclectice: May 29 2022, 02:18 PM
SUSecntrader
post May 29 2022, 02:19 PM

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QUOTE(eclectice @ May 29 2022, 02:14 PM)
Actually, BNM has declared forex is haram and it is legalized under Akta Perkhidmatan Kewangan 2013 atau Akta Perkhidmatan Kewangan Islam 2013.

https://www.bnm.gov.my/documents/20124///cc...b-9605e4c12250/
*
so u think which one better? BNM or SG central bank?

BNM with billion lose of forex trading speculation .or SG MAS making SG as no1 financial hub in asia?

which one you want to trust more? smile.gif

see our country you have nice answer right? smile.gif

see where our MYR also u have nice answer right?

they legalized only for commercial big hedger bank like that etc. not retail.

they want to protect useless local bursa broker u know . that why they scare if they legalize retail like SG did. all local will never trade useless bursa saham anymore LOL.


cikalakacikaci
post May 29 2022, 02:22 PM

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QUOTE(ecntrader @ May 29 2022, 02:02 PM)
u know i lose 40k from serbadk also dont care or jealous people want to trade forex or what..

even i support them to trade other that bursa malaysia. as long use reputable broker.

These cibai sifu saham and bursa trader you lose lose money at bursa then diam diam la. why u need to make a fuss forex haram forex haram.. sindir sindir perli perli like that?

justify halal and haram but bank still allow muslim take non syaria product..

no ball to declare illegal as muslim to take non syaria product?  maybe this non syaria product haram sikit sikit. that why still to offer to muslim.  meanwhile buying 4d and buying whiskey at the mall consider haram banyak banyak coz straight illegal for u as muslim to buy.

this hyprocite to the max la.

go justify la go demo in front of bank why offer non syaria to muslim?

and Stupid SC malaysia of course always useless... wanna beat SG like this? maybe 1000 year
*
Benda simple je bro,its haram because majority lose money from it .90% losing money trading..and it creates gambling mind ,revenge trade etc..me myself,i just yakin its halal cause i have my own strategy and i end up making money .consistently..so u pandai2 la..proof spoiler
.
» Click to show Spoiler - click again to hide... «

eclectice
post May 29 2022, 02:27 PM

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QUOTE(ecntrader @ May 29 2022, 02:19 PM)
so u think which one better?   BNM or SG central bank?

BNM with billion lose of  forex  trading speculation .or SG MAS making SG  as no1 financial hub in asia?

which one you want to trust more?  smile.gif

see our country you have nice answer right? smile.gif

see where our MYR also u have nice answer right?

they legalized only for commercial big hedger bank like that etc. not retail.

they want to protect useless local bursa broker u know . that why they scare if they legalize retail like SG did.  all local will never trade useless bursa saham anymore LOL.
*
As you have said, we can trade forex but through a proper channel and it is the current law.

Senarai peniaga dan institusi kewangan yang dibenarkan oleh Pengawal Pertukaran Wang Asing untuk membeli atau menjual mata wang asing boleh didapati di laman sesawang BNM di pautan: http://www.bnm.gov.my/index.php?ch=en_hype...x&ac=57&lang=en (broken link maybe https://www.bnm.gov.my/-/foreign-currency-trading)

QUOTE
Foreign Currency Trading
Embargo : For immediate release
16 Feb 2012
Bank Negara Malaysia wishes to inform the public that buying and selling of foreign currency in Malaysia is only allowed with licensed commercial banks, Islamic banks, investment banks  and international Islamic banks as provided for under the Exchange Control Act 1953 and  with licensed money services business providers (money changers) as provided for under the Money Services Business Act 2011.

In addition, Shariah-compliant financial products, including foreign exchange related transactions, offered and transacted by licensed Islamic financial institutions are approved by the Shariah Committee of the respective financial institutions with endorsement from the Shariah Advisory Council of Bank Negara Malaysia.

Bank Negara Malaysia
16 February 2012


Just to ask your question: How many trades are conducted in an Islamic manner, according to SG data since you want to compare forex trade between Malaysia and Singapore?

This post has been edited by eclectice: May 29 2022, 02:48 PM
teslaman
post May 29 2022, 05:10 PM

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QUOTE(ecntrader @ May 28 2022, 11:29 PM)
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
*
bursa also casino

gambling is good

maximum loss just 100%

but profit can be 100,000%

danielmckey
post May 29 2022, 05:33 PM

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If they just not feeding you with anything but only harsh word to you. Let them be, it's your own world not them. Their world is afterlife not on earth.
SUSecntrader
post May 29 2022, 08:24 PM

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QUOTE(eclectice @ May 29 2022, 02:27 PM)
As you have said, we can trade forex but through a proper channel and it is the current law.

Senarai peniaga dan institusi kewangan yang dibenarkan oleh Pengawal Pertukaran Wang Asing untuk membeli atau menjual mata wang asing boleh didapati di laman sesawang BNM di pautan: http://www.bnm.gov.my/index.php?ch=en_hype...x&ac=57&lang=en (broken link maybe https://www.bnm.gov.my/-/foreign-currency-trading)
Just to ask your question: How many trades are conducted in an Islamic manner, according to SG data since you want to compare forex trade between Malaysia and Singapore?
*
Islamic manner? u live in alternate world?

if u want said about islamic manner.. ideally

they should ban all non syaria to muslim here. not offer it even give such disclaimer this is haram product.. this is like you sell 4d and u said it haram for u muslim dont buy... but u still allow to sell to muslim.. see how stupid islamic financial in malaysia?

haram product? no problem.. muslim still can apply. no fine . it legal smile.gif haram only. but legal.

that SG regulate to protect their trader.. that why all the broker there cant suddenly vanish..

compare to malaysia. the useless SC .. know so many people trade forex here. still wanna declare illegal. so all these people resort to scam broker like TIFIA. and losing money.

I dont blame trader because the broker run away.. not like they losing money.. I blame this stupid SC..

see for yourself la. this Malaysia true islamic manner? dont hypocrite la.. even fatwa said smoking also haram. all do it.

u think SG think ur backward thinking islamic manner can help their trader? LOL

This post has been edited by ecntrader: May 29 2022, 08:26 PM
Ameerzs
post May 29 2022, 08:45 PM

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QUOTE(ecntrader @ May 28 2022, 10:37 PM)
this country secular or not?

i dont know.. if not secular. we  have too many night club.. even casino..how is possbile?

how they said our country not secular..so forex. haram..

but how the bank can offer non syaria product  ( haram product ) to muslim?
trading with forex  ECN platform also haram? ..

or i am trading demo with FTMO prop firm also haram??
*
U ask the wrong place, go check on official scholar page, there a lengthy explanation why it's haraam. The basic is pretty simple to understand anyway why it is a dirty money. Asking k\ won't solve anything.
kcchong2000
post May 29 2022, 08:53 PM

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Any form of investment and banking TBH is haram in the religion as they forbid money make money via interest.

So all those bull shit syariah banking is a play word to workaround on interest aka feel good aje.

Like Judi change to lucky draw...... Ooooo wai.....

Lel..

This post has been edited by kcchong2000: May 29 2022, 08:54 PM
Etude8891
post May 29 2022, 08:54 PM

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Well people that believe religion also only live life once only, they just follow whatever the religious leader tell them and harap harap it is true and can go heaven lor after die.
SUSecntrader
post May 29 2022, 09:15 PM

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QUOTE(Ameerzs @ May 29 2022, 08:45 PM)
U ask the wrong place, go check on official scholar page, there a lengthy explanation why it's haraam. The basic is pretty simple to understand anyway why it is a dirty money. Asking k\ won't solve anything.
*
so if haram so what? u still dont understand what is regulated and Hukum

this country all muslim eh? non cant trade forex then?

because of this scholar forex trading still ban due to haram issue. just wtf man.

just legal that forex like SG did to protect their trader. not just declare it as illegal. already 2022. still no brain this SC. because of halal haram then ban forex trading?


this scholar total bullshit la..

haram there halal there.. .

but still local bank offer non syaria product to muslim. eh this scholar should ask bank to block la.

forex they ask SC to block it..

why not ask bank to block muslim take non syaria product?

see how hypcorite?
Exiled_Gundam
post May 29 2022, 09:22 PM

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Are you still young didn't remember what happen in 1998? Also if it made legal do you want to pay high taxes on your profit?
YamiBear
post May 29 2022, 09:23 PM

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Sebab dulu atuk all in genting.
Ameerzs
post May 29 2022, 09:24 PM

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QUOTE(ecntrader @ May 29 2022, 09:15 PM)
so if haram so what? u still dont understand what is regulated and Hukum

this country all muslim eh? non cant trade forex then?

because of this scholar forex trading still ban due to haram issue. just wtf man.

just legal that forex like SG did to protect their trader. not just declare it as illegal. already 2022. still no brain this SC. because of halal haram then ban forex trading?
this scholar total bullshit la..

haram there halal there.. .

but still local bank offer non syaria product to muslim.  eh this scholar should ask bank to block la.

forex they ask SC to block it..

why not ask bank to block muslim take non syaria product?

see how hypcorite?
*
https://www.asktraders.com/learn-to-trade/f...malaysia-legal/

sometimes just a hit on google search will save your time. Halal or haram doesnt matter to you if you a nons, just do your thing
YamiBear
post May 29 2022, 09:25 PM

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QUOTE(kcchong2000 @ May 29 2022, 08:53 PM)
Any form of investment and banking TBH is haram in the religion as they forbid money make money via interest.

So all those bull shit syariah banking is a play word to workaround on interest aka feel good aje.

Like Judi change to lucky draw...... Ooooo wai.....

Lel..
*
Malaysia Muslim will always find a way to make it seems like what they do is halal. In the first place placing money in bank shouldn't make u money and give u interest. And if there's another monetary joke it's called Islamic banking.
SUSecntrader
post May 29 2022, 09:30 PM

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QUOTE(Ameerzs @ May 29 2022, 09:24 PM)
https://www.asktraders.com/learn-to-trade/f...malaysia-legal/

sometimes just a hit on google search will save your time. Halal or haram doesnt matter to you if you a nons, just do your thing
*
u cant even differentiate regulation and hukum

so no point talk to you.. just stay like that your backward mentality ok?

u know forex haram so declare illegal.. non do your thing? if non want to trade forex then what? cant trade because haram in ur religion? haha.

like your hypocrite scholar..

forex haram. but still allow local bank offer non syariah product to muslim..

why not ask gov to ban muslim from take non syariah product? no ball? or only for self interest maybe? like protect stupid local bursa broker smile.gif

This post has been edited by ecntrader: May 29 2022, 09:31 PM
prozfromhell
post May 29 2022, 09:33 PM

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they just desperate.

give it another 30 years, ppl will eventually realize
SUSecntrader
post May 29 2022, 09:35 PM

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QUOTE(Exiled_Gundam @ May 29 2022, 09:22 PM)
Are you still young didn't remember what happen in 1998? Also if it made legal do you want to pay high taxes on your profit?
*
it retail fx.. how much retail fx can shaken the economy? so funny la u.

it ur stupid BNM allow that crisis in first place.. read the book la. crash of 97 by Dan bier. all info there.


yes . as long can protect the traders.. pay the tax rather than losing money to scum broker. we want to trade with peace of mind..
SUSFenix98
post Jun 17 2022, 03:19 PM

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QUOTE(ecntrader @ May 29 2022, 09:35 PM)
it retail fx.. how much retail fx can shaken the economy? so funny la u.

it ur stupid BNM allow that crisis in first place.. read the book la.  crash of 97 by Dan bier. all info there.
yes . as long can protect the traders.. pay the tax rather than losing money to scum broker. we want to trade with peace of mind..
*
My lord what is your order?
cmk96
post Jun 17 2022, 03:55 PM

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Don't trade fx then... come trade gold la.

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onget5
post Jun 17 2022, 04:03 PM

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Has anyone been contacted by this lady hp 01113302965 apparently she is a syer
agen upon checking with Truecaller?
empyreal
post Jun 17 2022, 04:31 PM

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Not sure what's op's issue.

If he's muslim and says that its haram, then dont use it. If he knows its haram and still wants to use it, its his own issue. If you dont care about the religious aspect, then just ignore it.

Its like an alcoholic blaming his alcoholism on other people because theyre not stopping him.
SUSecntrader
post Jun 17 2022, 06:15 PM

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QUOTE(cmk96 @ Jun 17 2022, 03:55 PM)
Don't trade fx then... come trade gold la.

Attached Image
*
this bodo panel syariah panel said all instrument haram le.

This bodo panel syariah cant even know logic halal and haram between bucket shop broker(mostly trader at malaysia using this kind of broker. Octafx for example) with ECN broker like saxo or IKBR.

only Bursa saham halal. mostly Serbadk and sapura. haha.

why you need to trust bodo panel syariah . who only know licking ball .. but dont have ball to enforce and talk to GOV hey idiot please stop offer non syariah product to umat islam here. or we will go demo.

PAS better than them at least got ball to stand with their root. like that BON ODORI case.. this bodo panel syariah useless to the max.only know licking their master. haha.

SUSecntrader
post Jun 17 2022, 06:17 PM

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QUOTE(Fenix98 @ Jun 17 2022, 03:19 PM)
My lord what is your order?
*
0.01 lot. with rm10k usd..

see how i shaken the malaysia economy. funny all this idiot said forex haram.. in fact our BNM also the one of currency manipulator bully during 80 or early 90.

because got idiot said BNM banned forex due to capital control. haha..

yes capital control so good now our myr so strong like my dick .smile.gif
SUSFenix98
post Jun 17 2022, 06:19 PM

Happy Meal upsized Sir?
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QUOTE(ecntrader @ Jun 17 2022, 06:17 PM)
0.01 lot. with rm10k usd..

see how i shaken the malaysia economy. funny all this idiot said forex haram.. in fact our BNM also the one of currency manipulator bully during 80 or early 90.

because got idiot said BNM banned forex due to capital control. haha..

yes capital control so good now our myr so strong like my dick .smile.gif
*
Youre deek makes everything fall my lord.


SUSecntrader
post Jun 17 2022, 06:26 PM

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QUOTE(Fenix98 @ Jun 17 2022, 06:19 PM)
Youre deek makes everything fall my lord.
*
Maybe if this useless panel syariah and SC and BNM using my Dick as economic barometer . maybe our myr can even 1:1 SGD LOL.

Better legalize forex trading and bring broker like oanda ikbr and Saxo. and that stupid local broker bursa can pergi mampus. how stupid you go open forex trading like maybank kam eng and CIMB CGS MT4 at sing pore .? but why not here? why you scare with oren kita haram haram issue and stupid panel syariah?

meanwhile SG already take proactive action legalize forex trading to protect their people .

overnoob
post Jun 17 2022, 08:19 PM

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QUOTE(ecntrader @ May 28 2022, 11:37 PM)
this country secular or not?

i dont know.. if not secular. we  have too many night club.. even casino..how is possbile?

how they said our country not secular..so forex. haram..

but how the bank can offer non syaria product  ( haram product ) to muslim?
trading with forex  ECN platform also haram? ..

or i am trading demo with FTMO prop firm also haram??
*
So funny lor, even forex trading gold, silver oil and gas also haram...
Ggwp malaysia.
SUSecntrader
post Jun 17 2022, 10:27 PM

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QUOTE(overnoob @ Jun 17 2022, 08:19 PM)
So funny lor, even forex trading gold, silver oil and gas also haram...
Ggwp malaysia.
*
this oren kito cant see beyond the horizon. in their brain only halal and haram..so if they cant trade .. other must follow.

if not they will kecam you even ur family also kena makan duit haram.

oren kito love to idolize bodoh panel syariah and ustaz. meanwhile.. this bodoh panel syariah and ustaz cant even flex and use their influence so local bank cant offer non syariah product to muslim here. ironic.

but i blame BNM and SC. if only they legalize forex trading..

already 2022.. still want to restrict wat people want to trade.. now all people fighting over halal and haram.. due to octafx aggresive marketing.

nice .





David900924
post Jun 17 2022, 10:29 PM

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why must forex, if u can register IBKR and trade penny stock tat volatile as much as 50%-500% a day
SUSecntrader
post Jun 17 2022, 10:33 PM

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QUOTE(David900924 @ Jun 17 2022, 10:29 PM)
why must forex, if u can register IBKR and trade penny stock tat volatile as much as 50%-500% a day
*
My strategy .. low risk like 0.01 span to multipair.. multi timeframe. with long term trend and mean reversion.

so currency good for me..


amidamaru
post Jun 18 2022, 12:20 AM

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QUOTE(ecntrader @ Jun 17 2022, 10:27 PM)
this oren kito cant see beyond the horizon. in their brain only halal and haram..so if they cant trade .. other must follow.

if not they will kecam you even ur family also kena makan duit haram.

oren kito love to idolize bodoh panel syariah and ustaz. meanwhile..  this bodoh panel syariah and ustaz cant even flex and use their influence so local bank cant offer non syariah product to muslim here. ironic.

but i blame BNM and SC.  if only they legalize forex trading..

already 2022.. still want to restrict wat people want to trade..  now all people fighting over halal and haram.. due to octafx aggresive marketing.

nice .
*
Syariah panel and ustaz spread awareness only. Is like everyone know rasuah is haram but still ambil rasuah. No need to blame bnm and sc, everyone know majority people will loss when trading forex or can i say gambling forex.
ukapaka
post Jun 18 2022, 12:35 AM

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QUOTE(ecntrader @ Jun 17 2022, 06:15 PM)
this bodo panel syariah panel said all instrument haram le.

This bodo panel syariah cant even know logic  halal and haram between bucket shop broker(mostly trader at malaysia using this kind of broker. Octafx for example) with ECN broker like saxo or IKBR.

only Bursa saham halal. mostly Serbadk and sapura. haha.

why you need to trust bodo panel syariah . who only know licking ball .. but dont have ball to enforce and talk to GOV hey idiot please stop offer non syariah product to umat islam here. or we will go demo.

PAS better than them at least got ball to stand with their root. like that BON ODORI case.. this bodo panel syariah useless to the max.only know licking their master. haha.
*
Nobody refraining from conventional trading even if your a muslim. It's there as guideline. if you're not muslim wth you pigi register shariah acc.
ukapaka
post Jun 18 2022, 12:38 AM

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QUOTE(amidamaru @ Jun 18 2022, 12:20 AM)
Syariah panel and ustaz spread awareness only. Is like everyone know rasuah is haram but still ambil rasuah. No need to blame bnm and sc, everyone know majority people will loss when trading forex or can i say gambling forex.
*
Forex banned because bnm has a strict rules when it comes to money trading. Nothing to do with sharahia panels.
Oltromen Ripot
post Jun 18 2022, 01:17 AM

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for all intents and purposes, you can see that there is no point in wasting time to argue for or against a fool who does not want to listen except to espouse his narrow sight.
icemanfx
post Jun 18 2022, 04:21 AM

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Any trade gomen can't collect tax is haram.

SUSecntrader
post Jun 18 2022, 09:37 AM

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QUOTE(ukapaka @ Jun 18 2022, 12:38 AM)
Forex banned because bnm has a strict rules when it comes to money trading. Nothing to do with sharahia panels.
*
money trading?

this retail fx not that big bank level.

that stupid bursa have more wealthy people. like rm50k-rm100k all small money to them..

not even talk about stupif operator and jerung.

this BNM so stupid or what? strict rules? our MYR better than country which legalize forex trading for example SG?


now u said SG so stupid legalize forex trading?
SUSecntrader
post Jun 18 2022, 09:39 AM

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QUOTE(Oltromen Ripot @ Jun 18 2022, 01:17 AM)
for all intents and purposes, you can see that there is no point in wasting time to argue for or against a fool who does not want to listen except to espouse his narrow sight.
*
What fool?

your panel syariah fool like you lah.

talk cock. haram haram. but still dont have ball to flex to gov to stop muslim take non syariah product.

asking for forex regulation fool?

asking to trade with foreign broker global stock like saxo or IKBR fool?

people want to trade that their money lah.

why u sibuk haram haram. even your country already living in haram ?
SUSecntrader
post Jun 18 2022, 09:42 AM

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QUOTE(amidamaru @ Jun 18 2022, 12:20 AM)
Syariah panel and ustaz spread awareness only. Is like everyone know rasuah is haram but still ambil rasuah. No need to blame bnm and sc, everyone know majority people will loss when trading forex or can i say gambling forex.
*
you dont know majority lose in Serbadk and sapura patuh syariah? gambling or what.. that up to them la. their money..

like BNM and SC can protect retail from operator and jerung?

if got ball open foreign broker la like Saxo or IKBR or IG market come here.

no ball because want to protect useless bursa broker right?

who want trade bursa? only operator and jerung will waiting for you.

i am also lose rm40k at Serbadk. even i post my unrealize loss here.

HOW YOU CAN GAMBLING WITH FOREX WITH 1:30 LEVERAGE WITH SAXO BANK?

WITH 0.01 LOT ALSO.

NOW TELL ME?
amidamaru
post Jun 18 2022, 10:21 AM

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QUOTE(ecntrader @ Jun 18 2022, 09:42 AM)
you dont know majority lose in Serbadk and sapura patuh syariah? gambling or what..  that up to them la. their money..

like BNM and SC can protect retail from operator and jerung?

if got ball open foreign broker  la like Saxo or IKBR or IG market come here.

no ball because want to protect useless bursa broker right?

who want trade bursa? only operator and jerung will waiting for you.

i am also lose rm40k  at Serbadk. even i post my unrealize loss here.

HOW YOU CAN GAMBLING WITH FOREX WITH 1:30 LEVERAGE WITH SAXO BANK?

WITH 0.01 LOT ALSO.

NOW TELL ME?
*
That is why bnm or sc come to protect people. We cannot afford all ppl to lose money. Maybe you are experience trader and can make profit out of it but the same not applied to everyone. In stock market, everyone have their own game, investment, dividend or trade its up to them. If you have strong technical analysis in forex then stock market is a child play for you.
SUSecntrader
post Jun 18 2022, 11:00 AM

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QUOTE(amidamaru @ Jun 18 2022, 10:21 AM)
That is why bnm or sc come to protect people. We cannot afford all ppl to lose money. Maybe you are experience trader and can make profit out of it but the same not applied to everyone. In stock market, everyone have their own game, investment, dividend or trade its up to them. If you have strong technical analysis in forex then stock market is a child play for you.
*
Protect people with regulation. not with blanket ban. like bring oanda.. saxo bank Ikbr like that. so people will have chance to trade with reputable broker..

yes forex more easier than stock market. use low risk 0.01 with rm10k usd.even biden nuke by nuclear bomb also i can tank the currency spike.

currency = mean reversion.. it will coming back.

stock like serbadk and sapura patuh syariah = pukimak reversion .

Ban like this people will find the way to trade with bucket shop like octafx. then lose money blame who?

that bodo panel syariah just ignore. haram haram but living in fiat money. bodo.

Stock market? you mean Bursa? if Bursa only operator and jerung will waiting for you intraday..

want to trade global stock? well idiot SC still not allowed Saxo bank ikbr etc come here.. just to protect useless bursa broker . dont ask me about rakuten. i know. but that only good if you invest. try trading..fee will eat you for good.


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post Jun 18 2022, 11:10 AM

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QUOTE(ecntrader @ May 28 2022, 10:37 PM)
this country secular or not?

i dont know.. if not secular. we  have too many night club.. even casino..how is possbile?

how they said our country not secular..so forex. haram..

but how the bank can offer non syaria product  ( haram product ) to muslim?
trading with forex  ECN platform also haram? ..

or i am trading demo with FTMO prop firm also haram??
*
From my understanding, first, edict/fatwa will be issued after muzakarah.

It will decide halal or haram in sharia. Not a law.

Then some will be gazetted by (in case of sharia) each state assembly. Then signed by ruler as patron of state religious council.
Turned into enactment/law.
Then only can enforced.

Most edicts/fatwa wont survive state assembly.

Rokok (smoking) is one of the example.
cmk96
post Jun 18 2022, 12:18 PM

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ClessRV
post Jun 18 2022, 12:28 PM

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will anyone know if someone trade forex?

just do it bro, like smoking, rempit etc, all haram but people still do them, even going to pubs and drink alcohol also got people do, no got caught also
SUSecntrader
post Jun 18 2022, 07:38 PM

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QUOTE(ClessRV @ Jun 18 2022, 12:28 PM)
will anyone know if someone trade forex?

just do it bro, like smoking, rempit etc, all haram but people still do them, even going to pubs and drink alcohol also got people do, no got caught also
*
not easy. it like if oren kito. trading forex. like we do big crime.. even ur family also they said makan duit haram. .

because of this bodo panel syariah .. when so much haram in malaysia.. no ball. but forex trading have ball..
ClessRV
post Jun 18 2022, 09:49 PM

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QUOTE(ecntrader @ Jun 18 2022, 07:38 PM)
not easy. it like if oren kito. trading forex. like we do big crime..  even ur family also they said makan duit haram. .

because of this bodo panel syariah  .. when so much haram in malaysia.. no ball. but forex trading have ball..
*
cannot "hear no evil, see no evil, speak no evil"?
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post Jun 18 2022, 10:05 PM

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Because Malaysia bodo
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post Jun 18 2022, 10:06 PM

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When winning, its "investment". When losing, its "gambling"

Malaysia religion logic.

 

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