Global Broker Regulation Inquiry App
WikiFX
Sam35
1-2 years
Does XINHU FUTURES offer an Islamic account?
Broker Issues
Leverage
Instruments
Account
Platform
06-20
United States
WikiFX
Reply
XINHU FUTURES does not mention offering an Islamic account, which is typically a swap-free account option for traders who follow Islamic law. Since futures contracts often involve overnight fees (swaps), it is unlikely that XINHU FUTURES offers a swap-free Islamic account. From my perspective, this could be a limitation for traders who need to adhere to Sharia law. If an Islamic account is crucial for you, I recommend reaching out to XINHU FUTURES directly to inquire if they offer such an account or if they have any options that comply with Islamic trading principles.
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