We found 11 online brokers that are appropriate for Trading Islamic Stock Market Investment Platforms.
The Islamic stock market is quite different from the one which operates in the western world. You are expected to invest in shares based on certain rules, religious beliefs and tenets. Are you thinking of taking part in the Islamic stock market? Do you know that this is not as easy as what applies in other stock markets?
Before being able to delve into the details of this post, it is important to understand that over the years some people have had too many misconceptions about the Islamic stock market, including what it represents. These include:
To enable you to understand much better, we will explain each of these. Of course, after reading the details below, you will understand the Islamic stock market much better.
It is evident that the above statement has already been explained. There is an apparent difference between the Islamic and western stock markets. For instance, in the western stock market, almost everything is allowed. That is to say, the rules are very lenient and less strict. Most of the stocks you will purchase are legal and acceptable. It could be gambling, pornography, alcohol, tobacco and many other stocks. You are always free to invest in companies that are promoting products like these.
On the other hand, the Islamic stock market is strict regarding established rules that you are expected to follow. As a Muslim, you need to watch out that stocks align with sharia laws. Failure to do this can put you in serious trouble. All of the various categories of companies that have been mentioned above are not accepted in Islamic trading. Therefore, always be on the lookout for them in the market.
In the Islamic stock market, there are usually two categories of stocks that you will always trade in. These are haram and halal stocks. While the latter is acceptable, the former isn't for the safety of your funds. Halal stocks are acceptable because they are considered to be sharia-compliant.
Haram stocks are strictly forbidden. It is because they usually go against the tenets of Islam. Many stocks have been considered to fall into this category in the past. These are usually shares from companies that are into wagering, loans that attract interest, pornography, alcohol and illegal substances. Under Islamic law, these are considered haram stocks. One of the most effective ways to find stocks that fall into both categories is by downloading an Islam stock app. It is more useful than you think.
This has been one of the trendiest questions amongst stock investors and traders over the years. While some believe that such a market is risky, others do not share similar opinions/views. The truth is that the Islamic stock market is less risky than other stock markets, which allow people to invest and trade in any and every available company's stock.
There are restrictions on what you should or should not buy in the Islamic stock market. It brings about a high level of discipline in investors. Their actions are guided by some laws which restrict them from throwing away their hard-earned money into any of those stocks that appear shiny. You will be much safer trading in this market than others.
Having seen all of the above, it is obvious that there are many facts that people do not understand about the Islamic stock market. However, you will be miles ahead of other Islamic stock investors and traders by having in-depth knowledge of the above.
We have conducted extensive research and analysis on over multiple data points on Islamic Stock Market to present you with a comprehensive guide that can help you find the most suitable Islamic Stock Market. Below we shortlist what we think are the best Islamic Stock Market Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Islamic Stock Market.
Selecting a reliable and reputable online Islamic Stock Market Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Islamic Stock Market Investment Platforms more confidently.
Selecting the right online Islamic Stock Market Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Islamic Stock Market Investment Platforms trading, it's essential to compare the different options available to you. Our Islamic Stock Market Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Islamic Stock Market Investment Platforms broker that best suits your needs and preferences for Islamic Stock Market Investment Platforms. Our Islamic Stock Market Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Islamic Stock Market Investment Platforms.
Compare Islamic Stock Market Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Islamic Stock Market Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Islamic Stock Market Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Islamic Stock Market Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Islamic Stock Market Investment Platforms that accept Islamic Stock Market Investment Platforms clients.
Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Learn More |
Sign
Up with icmarkets |
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Up with roboforex |
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Up with etoro |
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Up with xtb |
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Up with xm |
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Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Islamic Stock Market Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Islamic Stock Market Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Islamic Stock Market Investment Platforms below.
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