Islamic Trading Accounts

Trade with Integrity: Halal Forex, Tailored for You

benifits of islamic Acount

By opening an Islamic account, the trader is avoiding the issue of taking or giving Riba. Pips Forex makes Islamic accounts available to any trader who wishes to stick with their trading practice.

No hidden charges

Our Forex Islamic accounts are designed to uphold your values and trust, ensuring there are no hidden charges or unexpected fees.

No Swap

Trade with peace of mind through our Forex Islamic accounts, offering a completely swap-free environment aligned with your values. Avoid interest-based charges while enjoying transparent and Shariah-compliant trading

Negative Balance Protection

Negative Balance Protection ensures you never lose more than your account balance, safeguarding you from unexpected market movements. With us, your trading journey is secure, ethical, and worry-free.

How to open an Islamic account ?

step 1

Verify your account by sending all the relevant documentation

step 2

Fund your current trading account.

step 3

Now you can apply for an Islamic account, which operates under the Sharia Law.

FAQ

Common queries & solutions

What is an Islamic Account?

An Islamic account, also known as a swap-free account, is designed for traders who wish to trade in compliance with Islamic principles, avoiding interest (riba).

How does an Islamic Account work?

Islamic accounts offer the same features as standard accounts but without any swap or rollover interest charges, making them suitable for traders following Sharia law.

Can I switch my existing account to an Islamic Account?

Yes, you can request to convert your existing account to an Islamic account by contacting our support team.

How do I apply for an Islamic Account?

Simply select the option to open a swap-free account during registration or contact our support team for assistance in setting it up.

Does the Islamic Account have the same trading conditions as a regular account?

Yes, the Islamic account offers the same trading conditions, such as leverage, spreads, and execution speed, without the swap or rollover interest.