Amman - Jordan's top religious official on Saturday issued a fatwa (judgement) that bans electronic trading of currencies owing to the "financial risks" involved in such a type of business.
"Trading of currencies is a taboo and illegal from a religious viewpoint, given the financial risks involved in such transactions," Grand Mufti Nouh Salman said.
Earning profits from the trading of money, which is not seen as an asset under most interpretations of Islamic law, is frowned upon by many Muslim religious scholars.