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@princesst1 pretty scary that they consider their product sharia compliant when it does sound like interest, i guess my doubts were right afterall.

I am Saudi, and one of the local brokers listed a free margin trading account that explicitly mentions it's Sharia-compliant and I was wondering how this could be. Since it's labeled as Sharia-compliant I have assumed it's interest-free and they have also specified that there are monthly fees...