In our latest reaction video, we dissect a short video by Sh Assim Al Hakeem on the issue of forex trading. All too often certain crucial details on topics related to Islamic finance are missed by scholars, and forex is one of those topics. We clarify some of these crucial details in this video.
If there is a particular video you want us to react to, comment the link below and he’ll have a look.
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Remember, with investing, your capital is at risk. This is not financial advice. If in doubt, always talk to a financial advisor.
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TIMESTAMPS
00:00 – What are we up to?
01:17 – Wait, what did Sh Assim say?
01:56 – Where I disagree with the Shaykh
04:04 – Why Forex is haram in our opinion
05:12 – A growing misunderstanding on forex trading
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Who are we:
We are two Oxford grads who have studied Islamic finance both at uni and classically for over 6 years. We quit our corporate law jobs to go full-time on IFG in 2020. We are on a mission to help 25% of the world’s population with their personal finances.
Islamic Finance Guru (IFG) is an Islamic finance comparison and analysis site that helps people with their investment, personal finance and entrepreneurial journeys.
We do this for one reason: to make our community better-off. We want to take Muslims from being among the poorest in society to the richest. We think that this is the most effective way to deal with problems like discrimination, under-representation and poverty. For more about the team visit: https://www.islamicfinanceguru.com/about-us
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Our most popular videos:
How to invest like the 1%: https://youtu.be/_pCz4UbXN7c
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#forex #assimalhakeem #islamicfinance #shariacompliant #halalinvesting #halalinvestment #halalorharam #ifg
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