3 minute read
EXNESS leverage halal or haram - By Exness Trading Tips
One of the most common questions among Muslim traders is: “Is leverage in EXNESS halal or haram?”. Since forex trading involves borrowing funds from a broker, many worry whether it complies with Sharia law.
In this article, we’ll explore how leverage works in EXNESS, what Islamic scholars say about it, and whether EXNESS provides a Sharia-compliant Islamic account.
👉 If you want to explore EXNESS with an Islamic account:
Understanding Leverage in Forex
Leverage allows traders to control a larger position with a small deposit. For example:
Without leverage: With $100, you can trade $100 worth of currency.
With 1:100 leverage: With $100, you can control $10,000 in trades.
At EXNESS, traders can choose leverage ranging from 1:1 up to unlimited leverage (under specific conditions).
Is Leverage Halal or Haram?
The debate among Islamic scholars revolves around two main concerns:
Riba (Interest):
If leverage or trading involves interest payments (swap/rollover fees), it is considered haram.
Speculation (Maisir):
Excessive speculation without proper risk management may also be seen as haram.
See more: Exness review broker
👉 Conclusion from Islamic scholars:
Leverage itself is not haram if no interest (riba) is charged.
The main issue is the overnight swap fee, which is haram in Islam.
EXNESS Islamic Account (Swap-Free)
To cater to Muslim traders, EXNESS offers a swap-free Islamic account. This means:
✅ No overnight interest (no swap fees).
✅ Complies with Sharia principles.
✅ Available on most account types, including Standard and Raw Spread.
✅ Allows Muslim traders to use leverage without worrying about riba.
👉 Open an Islamic account here: EXNESS Sign Up
Example of Halal vs Haram Leverage Trading
Case 1: Haram Trading (with swaps)
A trader opens EUR/USD with 1:500 leverage.
Keeps the trade overnight.
Pays $3 swap fee → haram because of riba.
See more: how to create Exness Real Account
Case 2: Halal Trading (Islamic account)
A trader opens EUR/USD with 1:500 leverage.
Keeps the trade overnight.
No swap fee is charged → halal as no riba involved.
Pros and Cons of Leverage in EXNESS for Muslims
✅ Pros
Access to high leverage (up to unlimited).
Swap-free Islamic accounts available.
Flexible lot sizes suitable for small or big traders.
❌ Cons
High leverage increases risk of loss.
Some exotic instruments may not be swap-free.
Traders must apply for Islamic status manually in account settings.
Conclusion
So, is EXNESS leverage halal or haram?
By itself, leverage is not haram.
The key factor is swap fees. With an Islamic swap-free account, EXNESS trading can be considered halal under Sharia principles.
👉 Start your halal trading journey:
FAQ – EXNESS Leverage Halal or Haram
1. Is forex trading halal or haram in Islam?Forex can be halal if conducted without riba (interest) and excessive speculation.
2. Does EXNESS provide Islamic accounts?Yes, EXNESS offers swap-free Islamic accounts for Muslim traders.
3. Is leverage itself haram?No. Leverage is a tool. It only becomes haram if interest (swap fees) is charged.
4. How can I open an Islamic account in EXNESS?Simply register, then activate the swap-free option in your account settings.
5. Can I use unlimited leverage in an Islamic account?Yes, unlimited leverage is available, but you must manage risks carefully.
6. Does EXNESS charge hidden fees for Islamic accounts?EXNESS is transparent, but some exotic pairs may have alternative fees instead of swaps.
See more:
EXNESS unlimited leverage minimum deposit? Review & How to Get It
Best Leverage for Beginners on EXNESS 2025
