Question: Does Islamic Swap-Free account on cTrader follow Shariah law? What is the condition?
Yes, cTrader trading platform’s Islamic Swap-Free account follows the required laws.
The account type may meet:
- all the requirements of Shariah law
- the principles articulated for “Islamic finance”
There may be small conditions that may be different by each online broker.
*Some brokers may charge you “administrative fees” for using this account type.
You may contact your broker to find out more and its conditions for a Shariah Compliant account.