Online trading is completely different for Muslim traders due to certain restrictions. In Islamic religion, Sharia law sets certain rules regarding the actions of Muslim traders. Muslim traders can not engage in normal trading as this involves receive and pay of interests. This is because Sharia law restricts Muslim traders from engaging in any trading that implicates interest. The belief behind this law is that the interest payment system is beneficial for the lenders, whereas the borrowers get affected. This is why, to protect the borrowers against the extra load of interest, Sharia law forbids Muslim traders to engage in financial trading that includes interest. Therefore, while Muslims have certain respect for Sharia law, how can they engage in online trading and make profits from the financial markets.
FinsRoyal respects Islamic faith and recognizes this issue with Muslim traders. For this reason, this outstanding trading platform offers a great resolution by allowing Muslim traders to open an Islamic trading account and take advantage of swap-free trading.
Things to Know about Islamic Account:
To avoid paying and receiving interest fees in online trading, FinsRoyal has developed a unique Islamic account that gives Muslim traders a chance to engage in swap-free or interest-free trading. Therefore, if you are a Muslim trader, you can open an Islamic account with this brokerage company and avoid earning from interest or paying interest to other traders.
Nevertheless, as a Muslim trader, you can receive all other benefits of trading with this agency. For instance, you can choose your account type from five available distinct account type options. You will also be able to take advantage of the market analysis, expert guidance, analytical features, and trading tools, etc.
What Is So Exciting about Opening an Islamic Account with FinsRoyal?
The Islamic account will bring certain benefits to Muslim traders, such as-
- Entrée to Swap-free or interest-free trading.
- The assistance of live signals and real-time charts will allow traders to trade smartly and confidentially and evaluate the financial markets precisely.
- Professional support and effective solutions from the FinsRoyal support team.
- The WebTrader platform lets the traders to execute orders as soon as there is a little fluctuation in the financial market.
- Safety of the sensitive information of the traders with the assistance of advanced technology.
The Trading Environment of FinsRoyal:
Muslim traders will receive outstanding trading conditions from this top-most trading platform. To ensure the satisfaction and ease of traders, this trading platform is built with incredible trading infrastructure and advanced technology. You can also understand the direction of price movement and make right trading decisions by using efficient trading features and tools.
Open an Islamic Account Now:
Opening an Islamic account with FinsRoyal will provide you competitive edge due to fast execution of order. After opening a live trading account with this agency, you have to send an email to the management team asking them for an Islamic account. The management team will verify all your documents and up-grade your account instantly into an Islamic account.