Gedamo Investments offers you the ability to maintain Swap Free / Islamic Accounts whereby no interest will be charged or incurred on positions held overnight. Our Islamic Account program is in compliance with the Shariah Law.
Islamic accounts are called Shariah accounts to indicate that they are in compliance with the Islamic religious beliefs. According to the Islamic religion, any business transactions, in which one of the parties has to pay or receive some interest from another party, are forbidden.
Trading Point Swap Free / Islamic Account characteristics:
Open a real account with Gedamo Investments and select the apposite box in the contract form.
Gedamo Investments reserves the right to discontinue an Islamic (Swap Free) Trading Account without warning.
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