Abstract：Lirunex Limited, an international brokerage firm, has launched its new Islamic Account. The account is designed for Muslim investors seeking a trading option that follows Sharia principles.
Lirunex Limited, an international brokerage firm, has launched its new Islamic Account. The account is designed for Muslim investors seeking a trading option that follows Sharia principles. The move reflects the companys aim to make global markets more inclusive and accessible to clients of different faiths.
A Fully Sharia-Compliant Option
The Lirunex Islamic Account, also known as a swap-free account, removes overnight interest charges. Under Islamic finance, both earning and paying interest are prohibited. By removing these charges, the account allows Muslim traders to take part in Forex and CFD markets while staying compliant with their faith.
Two Account Types Available
Lirunex offers two Islamic account types: Islamic Standard and Islamic Prime.
- The Islamic Standard account requires a minimum deposit of USD 25. It offers leverage up to 1:2000, zero commission, and spreads from 1.5 pips.
- The Islamic Prime account starts with a minimum deposit of USD 200. It includes an USD 8 commission and spreads starting at 0.0 pips.
Both accounts allow trade sizes from 0.01 to 20 lots. Traders can access a wide range of instruments, including major and minor currency pairs, commodities, and precious metals. The leverage ratio is set at 1:2000 for currencies and metals, and 1:100 for commodities. These options give traders flexibility to choose strategies that match their trading goals.
Trading Platforms and Regulation
Founded in 2017, Lirunex has built a presence as a global broker offering various trading services. With the new Islamic Account, the company is addressing growing interest in ethical and interest-free trading. Demand for such products has been rising in regions like the Middle East, North Africa, and Southeast Asia, where many traders seek Sharia-compliant options. This development also reflects a broader trend in the financial industry. More brokers are now creating accounts that align with Islamic values, allowing faith-based investors to trade without compromising their beliefs.
View WikiFXs full review on Lirunex here: https://www.wikifx.com/en/dealer/1741102639.html
Lirunex supports trading on MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are known for fast execution, advanced tools, and compatibility with desktop and mobile devices.
The broker operates under the regulation of the Labuan Financial Services Authority (LFSA). This provides oversight of the companys operations and adds a level of security for client funds.
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