The Islamic trading account platform is evolving hugely. This huge takeup of the Islamic broker form has shown that it has become more traditional as time advances. The important thing to learn with Muslim brokers is that there are stringent laws on trading itself. In Muslim (or Sharia) law, it is prohibited to collect interest on invested funds, as such traders cannot be imposed rollovers or overnight charges.
Furthermore, Muslim trades must be made immediately, with funds transported instantly.

Which brokers grant an Islamic trading account?
There is a large market among the Muslim people for forex brokers to hook into. As such, most forex brokers today are beginning to extend swap-free accounts as components of their commodity offerings to Muslim traders. While swap-free accounts operate without rollover percentage being required to it, traders also have complete entry to the variety of commodities that regular trading accounts have access to. It is necessary that when seeking for brokers with Swap Free/Islamic accounts that you review if they fit the following guidelines:
• Complete access to all products that are accessible for trading.
• Leverage allowed by the broker works on the “Hiba” system (this indicates that the broker donates kindly when lending the funds to traders to trade on leverage).
• No Interest in overnight trades.
• No hidden charges.
• Every position is closed by the end of trading at 23:59:59.

To be lawfully Shari’a compliant, financial means and activities should be approved by Shari’a Supervisory Boards (SSB). The SSB seal of consent is mandatory to ensure all financial means are lawful according to Shari’a. SSB analyzes and recommends not only the commodities and services but also all related reports about them. Banks and financial companies should acknowledge that customers who desire to agree with Shari’a finance inquire transactions and devices that are SSB passed.

Check Best Islamic Forex Trading Broker 2020 for a recommendation of a broker, and to know more about these type of accounts.
https://www.islamic-forex.com