Muslim traders refuse to take part in normal trading because of Sharia law. In normal trading, traders pay and receive interests. However, any type of trading that involves interest is completely prohibited by Sharia law. The belief that the Islamic religion possesses is that it is wrong to allow lenders to get benefitted from the interest payment system. Therefore, to ensure protection against borrowers, Sharia law does not allow the engagement with interests in financial trading. So, what is the way for Muslim traders to participate in online trading without violating Sharia law?
FinsRoyal has a great resolution for Muslim traders to take part in online trading maintaining the faith of the Islamic religion. This financial organization has prepared an Islamic account option that allows Muslim traders to involve in swap-free trading.Â
About Islamic Account:
FinsRoyal respects the faith of the Islamic religion and recognizes the needs of Muslim traders. This financial agency allows you to open a devoted Islamic account so that you can evade the implementation of receiving or paying interest fees. Therefore, an Islamic account is an opportunity for swap-free trading and is beneficial for the traders who do not want to earn from interest or pay interest to others.
Muslim traders will also have five different options for account type, such as Trader, Expert, VIP, Beginner, and Exclusive. For every account type, you will have the swap-free trading option. With FinsRoyal, you will also have multiple analytical features and tools to make money from swap-free trading.
Why Should You Open Islamic Account with FinsRoyal?
The critical benefits that you can receive from opening an Islamic account with FinsRoyal are-
- Access to swap-free trading
- An opportunity to assess the markets accurately and trade confidently with the help of live charts and real-time trading signals
- Quick order execution using the WebTrader platform
- Effective and professional support
- Advanced technology to secure sensitive personal data
The Trading Environment of FinsRoyal:
FinsRoyal is one of the top-most trading platforms to provide you with incredible trading conditions. The state-of-the-art technology and trading infrastructure of this brokerage company will ensure your ease in online trading. By using effective tools and features available in this trading platform, you can recognize the direction of the markets and earn high profits. The quick order execution facility of this financial agency will definitely bring a competitive edge to you.
Account Opening and Verification:
Once you will open a normal account with FinsRoyal by visiting their website, you can then apply for an Islamic account. In response to your mail for up-gradation, the management team will immediately transform your account into an Islamic account.
However, to open an account with this financial provider, you have to go through the account verification procedure. Therefore, you have to allow the organization to verify some crucial documents,such aspassport, residential proof, and driving license following the global KYC policy. Once FinsRoyal will verify all your documents, they will make your account available for trading. Now, you can deposit money in your funds and participate in swap-free trading.
