Asalaamualykum,
I having been actively involved in share trading on the JSE for some-time now, and have ensured that the companies that I invest in are Islamically acceptable (No banking shares, alcohol, or retailers that allow accounts where they charge interest).
I have been given an opportunity to invest in FOREX (Foreign Exchange), and am keen but also concerned as Islamically I cannot determine whether this is permissible or not? Unlike shares, I am investing in Money (USD, GBP, Euro, etc.) and Minerals (Gold, Silver, Diamonds, etc.).
Can you please advice me if this is Islamically permissible?
