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In the world of digital trading, understanding what is an Islamic Halal account is immensely important for Muslim traders who wish to engage in online trading or any financial market without compromising their faith or religious beliefs.
Today, in this article, I will help you understand everything about the Pocket Option Islamic account and how you can open and use the same with our extra bonuses.
According to the Pocket Option official site, the Islamic account in Pocket Option is designed for traders who wish to adhere to the principles of Sharia law.
In this type of account, the trading platform has eliminated riba ( interest rates ), gharar ( uncertainty ) and ensures transparent transactions in compliance with Sharia law.
Our research: In Islam, earning or paying riba ( interest rates ) is strictly prohibited. Plus, the swap-free charges the platform charge when the positions are held open for more than 24 hours is not permissible therefore, they are eliminated in Islamic accounts, making them Halal for Muslim traders
Any Trader in this world can apply for an Islamic account on Pocket Option However, this account is specifically intended for Muslim traders who wish to adhere to their religious beliefs and obligations. The trading platform may request your id while making a withdrawal, so trade accordingly.
Opening an Islamic Account is really simple and easy. Follow the step-by-step guide below:
1> Registration: The first and foremost step is to create a brand new account on Pocket Option using this link.
2> Fill in details: Next, fill in your details such as email address, password and click the sign-up button.
3> Trading dashboard: Once you have signed up, you will get access of the trading dashboard
4> Navigate to profile: Navigate to your profile section by hitting the settings button.
5> Activate Islamic account: Lastly, scroll down to the bottom and click on the Islamic account. That’s it!!
You can even use the trading platform on Android and Ios devices. Follow the steps below
1> Use this link, and you will land on the Google or Ios store page
2> Next, download the application
3> Fill in your details
4> Lastly, you will land to the trading dashboard
5> Similarly, click the profile and activate the Islamic account.
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