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The Foreign Exchange Industry has traditionally been somewhat misaligned with the Islamic Community. As a result, a niche market was exposed by the pioneering of Islamic forex trading introduced by Tadawul FX. As the first Islamic forex broker in the Foreign Exchange Industry, Tadawul FX is committed to providing premium brokerage services with increased accessibility to a greater population of the world.

With origins in the West, many of the foreign exchange trading tools are associated with interest rates, which are not practiced by the Islamic Community. The result is a need for Islamic forex, which takes into consideration the observances of Islamic individuals while opening the door for investment. An Islamic forex account at Tadawul FX is designed for only spot currencies. The expert advisors and software tools are available to provide indicators, instant execution, professional charting packages, and trading assistance.

The preferred software package is Metatrader 4, which is extremely versatile and incredibly user friendly. It is secure. It supports many foreign languages. It provides customizable expert advisors and automation that is suitable for conducting Islamic forex trading.

The Tadawul FX ‘No Riba’ policy, which is part of the Islamic forex account, lets clients hold positions at the original opening price for an undetermined amount of time until they are closed at no additional charge. Since the ‘No Riba’ policy may place Tadawul FX at risk due to abuse, they reserve the right to repeal the policy with a 48 hour email notice. It is truly an innovative policy that is designed to foster Islamic forex participation.

The notion of Musharaka or perhaps more commonly referred to as joint venture or partnership is honored by Tadawul FX as an Islamic forex broker. There is a specific business partnership that is motivated by profit of which the sharing of profits or losses is allocated by an agreed upon ratio.

For an added benefit to the Islamic forex trading offered by Tadawul FX, they offer the ability for individuals to donate a portion of their profits to others known as Hiba. Tadawul FX will select organizations in order to allow the Islamic forex account holder the ability to donate a portion of their profits in an easy to use and powerful environment.

Tadawul FX strives to build their business on a foundation of honesty, clarity and durability. The Islamic forex trading is only one of the value added attributes of this Islamic forex broker. Tadawul FX holds client funds in AA and AAA rated banking institutions and provides access to over 120 currencies and over 1000 indicators.

Tadawul FX is the leading Middle East online forex trading company in the world. By offering the Islamic forex account, they distinguish themselves as the first and foremost Islamic forex broker. With these attributes in combination with a high level of customer service, high degree of integrity and high grade professionalism Tadawul FX is positioned to be a market leader in foreign exchange around the world.