Why this question keeps coming up Most prop firms sell an evaluation for a fee, then give the trader a simulated or live account and a profit share. The structure is new, so opinions differ. This page is not a fatwa — it explains the contract details so you can ask a precise question. What the challenge fee actually buys Usually an evaluation, not capital. Pass and you get a profit-sharing agreement; fail and the service ends. Some firms refund the fee with the first payout, others do not. Swap charges Overnight swap is the most sensitive point. Several firms offer swap-free accounts or a flat overnight fee. Check the firm page before buying. Leverage Leverage in funded accounts is usually not an interest-bearing loan — the trader borrows nothing and the firm absorbs the result internally. Questions to ask the firm Is the account live or simulated? Is there swap? Is a swap-free option available? Where does the firm earn: challenge fees or the market? Bottom line The ruling depends on contract details. Collect the answers from our firm pages and take them to a scholar you trust.
Is Prop Trading Halal? A Practical Look at Prop Firm Contracts
How challenge fees, swap charges and leverage affect the religious ruling — a practical breakdown for Arab traders.