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Posted By Topic: FOREX

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25-06-2009 @ 6:23 PM    Notify Admin about this post
Abu abdurahmaan Ibn Ike (from london)
Posts: 5
Joined: Oct 2006
Has anybody asked the ulamaah about online currecny exchaning? is it premisible if you dont pay intrest on the money.

But you take a lone from the broker -middle man-and you pay him a fee for finding you a buyer or seller for the currency you want to buy or sell.

But you dont pay intrest on the lone and it -the lone is always avalible for the loner to take back anytime he wants so you can never have trouble giving him his lone back.

Can someone get an answer for the people of knowledge plz.

Hilaal ibn Khabbaab (rahima-hullaah) said:

((I said to Sa'eed ibn Jubayr:

"What is the sign of the people perishing?"

He said:

"If their scholars pass away")).

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