sir iam job less my age is 50 years i dont have any source of incom so iam investment in forex trading and iget some money for my family so now this condition i work with forex trading?
Forex trade when it is done physically on the spot is Halal and permissible. Any profit earned from such trade is also permissible. Online forex exchange where people buy and sell different currencies online without actually acquiring physical possession is not allowed according to many scholars.
And Allah knows best.
Mufti Ikram ul Haq
Fatwa Center of America