Launch of Islamic Accounts
17 December 2012
Islamic accounts are now available for Blackwell Global.
Under Islamic Law (Shari’ah), involvement of interest (Riba) is prohibited. Therefore, Blackwell Trader has tailored swap-free accounts (Islamic accounts) to provide our Muslim investors with the opportunity to trade the forex market, whilst being compliant to Shari’ah. Blackwell Trader’s Islamic account options are available for all account types.
Blackwell Trader’s Islamic accounts have the same attractive spreads, with no rollover interest (swaps) incurred to positions held overnight.
Please note that only Muslims are eligible to open an Islamic account and that Islamic accounts are subject to holding fees.
For more information, please visit our website at www.blackwelltrader.com.
