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What are the trading conditions for Islamic accounts?

Article ID: 104723 Print
Question
What are the trading conditions for Islamic accounts?

Answer

Almost identical to standard accounts, but with one important difference: no swap charges are applied. Instead of a swap, we charge a commission. For trades where the swap is positive, no commission is charged; for trades where the swap is negative, we charge a commission that’s 75% of the swap (0.75 x swap).


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Views: 2884 Created on: Jul 22, 2021
Date updated: Jul 22, 2021
Posted in: English, Accounts

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