Amazines Free Article Archive
www.amazines.com - Monday, December 09, 2019
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133321)
 Advice (160961)
 Affiliate Programs (34735)
 Art and Culture (73689)
 Automotive (145679)
 Blogs (75057)
 Boating (9840)
 Books (17218)
 Buddhism (4125)
 Business (1328592)
 Business News (426310)
 Business Opportunities (366264)
 Camping (10962)
 Career (72734)
 Christianity (15844)
 Collecting (11637)
 Communication (115054)
 Computers (241957)
 Construction (38997)
 Consumer (49681)
 Cooking (17061)
 Copywriting (6567)
 Crafts (18204)
 Cuisine (7538)
 Current Affairs (20388)
 Dating (45780)
 EBooks (19687)
 E-Commerce (48204)
 Education (185249)
 Electronics (83498)
 Email (6392)
 Entertainment (159832)
 Environment (28937)
 Ezine (3039)
 Ezine Publishing (5446)
 Ezine Sites (1550)
 Family & Parenting (110900)
 Fashion & Cosmetics (196390)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310274)
 Fitness (106136)
 Food & Beverages (62868)
 Free Web Resources (7938)
 Gambling (30225)
 Gardening (25108)
 Government (10513)
 Health (629551)
 Hinduism (2205)
 Hobbies (44043)
 Home Business (91557)
 Home Improvement (251358)
 Home Repair (46135)
 Humor (4823)
 Import - Export (5453)
 Insurance (45130)
 Interior Design (29551)
 International Property (3485)
 Internet (190990)
 Internet Marketing (146336)
 Investment (22825)
 Islam (1167)
 Judaism (1356)
 Law (80489)
 Link Popularity (4591)
 Manufacturing (20842)
 Marketing (98777)
 MLM (14136)
 Motivation (18213)
 Music (27005)
 New to the Internet (9479)
 Non-Profit Organizations (4048)
 Online Shopping (129617)
 Organizing (7803)
 Party Ideas (11856)
 Pets (38079)
 Poetry (2234)
 Press Release (12674)
 Public Speaking (5618)
 Publishing (7523)
 Quotes (2407)
 Real Estate (126625)
 Recreation & Leisure (95278)
 Relationships (87563)
 Research (16158)
 Sales (80322)
 Science & Technology (110221)
 Search Engines (23453)
 Self Improvement (153102)
 Seniors (6232)
 Sexuality (35942)
 Small Business (49286)
 Software (82995)
 Spiritual (23465)
 Sports (116081)
 Tax (7658)
 Telecommuting (34067)
 Travel & Tourism (307414)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11727)
 Website Design (56829)
 Website Promotion (36569)
 World News (1000+)
 Writing (35770)
Author Spotlight
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
CACEY TAYLOR

Im just a man who likes to be happy and see others happy. Im into home business, sports, family, and...more
SHOVON JOARDER

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more
OLEG KOBETS

Oleg has been providing SEO, Copywriting and Content Management services for 10+ years. For the last...more
ALFRED MEARS

Former English Teacher; Musician (20+ years); Freelance Writer ...more


The untold truth about Islamic trading accounts in forex by Andrew Bezen






The untold truth about Islamic trading accounts in forex by
Article Posted: 04/04/2017
Article Views: 527
Articles Written: 8
Word Count: 513
Article Votes: 0
AddThis Social Bookmark Button

The untold truth about Islamic trading accounts in forex


 
Business,Finance & Investment
Expecting something more than the profit is haram i.e. forbidden in Islam. The Riba-free accounts are accommodated for the Muslims. The Muslims should not pay or receive interest while trading the Forex market. The Islamic faith is being respected by the Forex market and the riba-free accounts are introduced. The interest will be charged if the position is left open overnight. The major factor you should understand in the Forex market is that you cannot trade the market without being intelligent. But more than being intelligent you should be disciplined in the market. As Muslims being disciplined will not be hard because you are practicing to become disciplined by praying (prostrating) every day. So let us check out more about trading like a Muslim trader.

Interest and charges

Normally, the other traders assume that the Islamic traders are being treated better by not charging interest but that is not the truth. There is a certain amount charged from the Muslim traders instead of the interest. So the assumption of other traders is completely wrong and Forex market has never been unbiased. If you are using the Islamic accounts make sure that you are aware of the charges and fees related to the forex account.

Patience and success

How can the Muslim trader be the successful trader? We will tell you the reason; they are working as the Forex market wants them to work. This means the Muslims are trading the market by analyzing it and also by remaining patient in the market. An essential factor you need in order to trade the market is to be patient so as Muslims they have the great personality to be patient in the market. The religion teaches them to be patient, although they gain losses they should remain patient in the market. And they do remain patient and that is how they are becoming successful traders. The Muslim traders are the ones who are capable of holding the swap-free accounts.


Essential information

There are certain Muslim traders who take advantage of the interest-free swap accounts which mean they hold the positions for some time i.e. more than a day but Forex market does charge an interest for the positions held open for more than one week. With the time the Forex traders are increasing and the recognition for other religion’s faith is also increasing so in order to trade the Forex market you do not have to be a non-Muslim.

Summary

As we mentioned above the Forex market is bias, so the Muslim community cannot be left alone. If you are a Muslim you too can trade the market like the other traders the only difference is that you will not involve interest. But instead of interest, there are some other charges involved in trading the Forex market. The Forex market is highly risky and competitive so you should be someone who is capable of taking the risk and facing the competition of the market successfully.

Related Articles - forex, account forex,







Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
KIRAN KAUR

Kiranpreet (Kiran) Kaur, D.D.S., who received her Doctor of Dental Surgery degree from the prestigio...more
STEVE BURGESS

Steve Burgess is a freelance technology writer, a practicing computer forensics specialist as the pr...more
JOANNA MORGAN

Joanna Morgan has a huge passion for making money online from home and enjoys traveling around the w...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2019, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license