Using The Capital Of Prop Firms In Forex Trading
There is nothing inherently wrong in using a prop firm’s capital or trading forex (currency trading). The principle should always be kept in mind that the prohibition is for unjustly devouring the wealth of others . If that aspect is present in someone’s trading then irrespective of the ownership of the capital or the nature of the product, the trade would be considered haram. A person could be selling Hajj tickets with his own capital but using deceptive advertising, and it would be considered haram. If there is no aspect of immorality present in a trade then it cannot be considered haram. It is for an individual to determine whether or not his trade includes anything immoral.