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Ahmed Harb
Within 1 year

Does Kontakperkasa Futures offer swap-free (Islamic) trading accounts for its clients?

Broker Issues
Kontakperkasa Futures
Instruments
Platform
Leverage
Account
06-24
United States
WikiFX
Reply

Based on my research and careful review of Kontakperkasa Futures, I have not found any clear indication that this broker offers swap-free or Islamic trading accounts. When considering a broker, especially for those with specific religious requirements like avoiding overnight interest (riba), clarity about swap-free options is critical. In my experience, brokers that offer Sharia-compliant accounts usually highlight this feature, given its importance for a significant segment of clients in regions like Indonesia. On Kontakperkasa Futures’ profile, I noted details about overnight fees on various products; this suggests that standard accounts do incur such costs, and I have not seen any mention of an exemption or dedicated Islamic option. Furthermore, reputable brokers typically disclose all account types and any relevant special conditions on their platforms or through customer support channels. Here, the absence of such information makes me cautious. If trading in compliance with Islamic finance is essential for you, I strongly advise contacting their customer support directly and requesting written confirmation about the availability and structure of swap-free accounts before opening or funding an account. Verifying these details is an essential part of my due diligence as an independent trader, as overlooking such aspects could lead to unintentional non-compliance or unexpected costs.

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