Islamic Account
Trade in accordance with
Islamic principles
Our swap-free Islamic accounts eliminate overnight interest charges while preserving every advantage of a professional trading account. Sharia-compliant. No compromise.
Benefits
Everything included, nothing extra charged
No Overnight Interest
Swap charges are completely waived. Positions held overnight carry zero interest or rollover fees.
Sharia Compliant
Our Islamic accounts are structured in full compliance with Islamic finance principles as certified by our Sharia advisory board.
Same Trading Conditions
Identical spreads, execution speeds, and platform access as standard accounts — with no compromise on performance.
All Instruments Available
Trade Forex, Indices, Commodities, Stocks CFDs, and Crypto CFDs — all available on your Islamic account.
Comparison
Standard vs Islamic
| Feature | Standard | Islamic |
|---|---|---|
| Overnight swap fees | Charged | Waived |
| Rollover interest | Charged | Waived |
| Spreads | From 0.0 pips | From 0.0 pips |
| Leverage | Up to 1:500 | Up to 1:500 |
| Platforms | Arqam WebTrader | Arqam WebTrader |
| All instruments | ✓ | ✓ |
| Negative balance protection | ✓ | ✓ |
FAQ
Common questions
What is an Islamic / swap-free account?
An Islamic account is a trading account with all overnight swap and rollover interest charges removed. This makes it fully compliant with Islamic finance law (Sharia), which prohibits the collection or payment of interest (riba).
Who can apply for an Islamic account?
Any client who holds a sincere religious belief that prohibits interest-based transactions may apply. We do not require proof of religion — simply contact our support team to request the conversion.
Is there any additional cost?
No. There are no administration fees or wider spreads on Islamic accounts. You trade with the same conditions as standard accounts, minus the swap charges.
How do I convert my existing account?
Contact our support team via live chat or email and request a swap-free conversion. The change is processed within 24 hours.
Can I open a new Islamic account directly?
Yes. During the account registration process, select 'Islamic Account' as your account type and it will be configured automatically.
Still have questions about our Islamic account?
Contact Our Support Team