Islamic jurisprudential analysis of the international Forex market, relying on its prohibition in Iran's laws

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NOORI SOMAYEH; SALARZAEE AMIRHAMZE; Mokhtari afraketi Nader

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Paper Information

Journal: ISLAMIC LAW RESEARCH JOURNAL Year:2019 | Volume:20 | Issue:1 (49) Page(s): 77-96

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Title

Islamic jurisprudential analysis of the international Forex market, relying on its prohibition in Iran's laws

Author(s)

NOORI SOMAYEH | SALARZAEE AMIRHAMZE | Mokhtari afraketi Nader | Issue Writer Certificate

Keywords

ForexQ1

TradingQ1

GamblingQ2

DoubtsQ1

Abstract

Foreign exchange Trading or "Forex" is a decentralized global market in which currencies are traded in pairs and traders benefit from currency price changes. The ban on this market by the Iranian legislator should be taken into consideration. This article assesses the angles of these transactions by examining the nature of the Forex market and complaining about it in a descriptive analytical approach. The arguments presented based on the similarities of Gambling transactions are reasons for the illegal Forex market. Because financial damage is not just for a trader and in turn affects many communities; several laws, including injunctions, bans on deception, profits in the country, etc., are the basis for analysis and evaluation. The article has been studied. With all of the above, not only religious status, but also the prohibition of these transactions is clear in Iran's law.

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APA: Copy

NOORI, SOMAYEH, SALARZAEE, AMIRHAMZE, & Mokhtari afraketi, Nader. (2019). Islamic jurisprudential analysis of the international Forex market, relying on its prohibition in Iran's laws. ISLAMIC LAW RESEARCH JOURNAL, 20(1 (49) ), 77-96. SID. https://sid.ir/paper/229477/en

Vancouver: Copy

NOORI SOMAYEH, SALARZAEE AMIRHAMZE, Mokhtari afraketi Nader. Islamic jurisprudential analysis of the international Forex market, relying on its prohibition in Iran's laws. ISLAMIC LAW RESEARCH JOURNAL[Internet]. 2019;20(1 (49) ):77-96. Available from: https://sid.ir/paper/229477/en

IEEE: Copy

SOMAYEH NOORI, AMIRHAMZE SALARZAEE, and Nader Mokhtari afraketi, “Islamic jurisprudential analysis of the international Forex market, relying on its prohibition in Iran's laws,” ISLAMIC LAW RESEARCH JOURNAL, vol. 20, no. 1 (49) , pp. 77–96, 2019, [Online]. Available: https://sid.ir/paper/229477/en

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