Vantage FX sharia compliance

Salaam,

I’ve been doing some research into vantage fx and their Islamic account, however I can’t seem to find any information on the sharia advisor they supposedly have - Hassan Qamra.

Has anyone got more information on whether the Islamic account is actually legit?

Jzk

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Salaam Mufti,

Hope you are well.

I had a discussion with Vantage and it seems that even on their supposedly ‘islamic’ accounts the use of CFDs is still present - they merely eliminate the Riba aspect.

If it’s not too much bother for you would you be able to have another discussion with their sharia board to see if this is the case?

Jazakallah

Wa alaykum salaam,

CFDs are problematic and are not Shariah compliant instruments.

I don’t have the contact details of Shaykh Hasan Qamra unfortunately. I am trying to locate his details.

Assalam, have you located his details?

Assalamualaikum w w

What date is that?