Out of all banks in Dubai, the First Abu Dhabi Bank is distinguished by its retail banking services. The bank provides customers with the best credit card offers in the UAE and is known for managing a comprehensive house financing program. The bank also offers several Shari’a compliant bankin...
The first Islamic bank has opened in Morocco after a long time of rejection by the country's authorities, according to a statement by its central bank on Wednesday. Hong Kong promotes "Belt and Road" scholarship in UK Hong Kong SAR is promoting its Scholarship for "Belt and Road" Students...
The forex market is almost perpetually active, with trades going on simultaneously in global financial markets such as Singapore, the UK, USA, Australia, Canada, South Africa, Japan, and India. It’s also open 24 hours a day and five and a half days a week, with prices marked by their ...
Overview of Forex Platforms in UAE For traders, particularly those following Sharia regulations, the UAE provides a range of forex platforms catered to their requirements. Many of brokers offer Islamic accounts to ensure adherence to these rules. Among the greatest platforms overall for 2025, HFM is...
Unless you have a significant amount of capital in your forex trading platform account, you will likely need to use leverage. When you trade leveraged products, this attracts overnight financing fees. In simple terms, this is a fee that you pay to your chosen platform for keeping the position...
Financing and Hedging As we explain above, the margin is a method of financing that traders can use in combination with leverage to try for larger profits than they otherwise could afford to make. The flip side of this financing is that losses are larger, too. Brokers also use hedging as...
In addition, the broker can lend capital to the trader so that he can trade with leverage. The broker’s income is generated by the spread and the cost of financing the leveraged positions.example of live spreads for Forex Brokers In addition to this definition above, there are a few ...
The MT5 platform can be used to trade currencies, shares, digital currencies, energies, metals, and indices on the Exness platform. In addition to MT5 native tools and support, Exness does not charge any swaps on all traders while most other brokers apply non-swaps to Islamic accounts. ...
Other Potential Charges/Costs:Financing fees, funding rates (overnight fees which are calculated as the next swap rates plus admin fees between 1% and 4%). The first withdrawal fee within a month is free, otherwise, additional withdrawals are charged USD 15 plus a third-party fee depending ...
Withdrawal and Deposit Options: Choosing a broker depends critically on the simplicity of financing your account and withdrawing gains. Seek for brokers that provide several deposit and withdrawal options like e-wallets, credit or debit cards, and bank transfers. Think about the processing times for...