The world population consists of 1.9 billion people who follow the Islamic religion. It is around 24% of the total population and is expected to rise by 31% in the upcoming years. Also, in over 40 countries, the majority of the population belongs to the Muslim religion. In the foreign exchange market, a significant portion of traders belong to the Muslim religion. Being a leading signal provider, even Carlos and Company has numerous Muslim clients. One of the most common questions Muslim traders ask is whether forex trading is halal in Islam.