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In this video, we’ll be discussing the Islamic ruling on Forex trading and currency exchange, including an in-depth look at prop firms and whether trading with them is considered halal or haram. Before diving into these specifics, we’ll start with what the Quran says about trade and acquiring wealth in a permissible way. We’ll cover essential verses and hadiths that highlight the importance of earning through halal means, avoiding riba (interest), and steering clear of gambling. I’ll break down the rules for exchanging currencies within Islam, exploring scenarios like trading the same currency (e.g., dollars for dollars) and different currencies (e.g., pounds for euros), and why hand-to-hand, immediate exchanges are crucial. We’ll also cover Forex trading methods like spot Forex, options, CFDs, futures, and leverage, explaining each and their rulings in Islamic finance. Finally, we’ll take a detailed look at prop firms and evaluate whether trading with them aligns with Islamic principles. By the end of this video, you’ll have a clear understanding of how to approach Forex trading in a way that stays true to Islamic guidelines.