Taliban Declare Online Forex Trading Illegal in Afghanistan
- The central bank said online forex trading is against Islam
- Many Afghans want to keep their money out of Taliban’s reach
Afghan money changers wait for customers in Kabul.
Photographer: Wakil Kohsar/AFP/Getty ImagesThis article is for subscribers only.
Afghanistan’s central bank has banned online foreign exchange trading, declaring it “illegal” in Islam and warned that anyone engaging in it would face prosecution, a spokesman of the bank said.
“Da Afghanistan Bank considers online forex trading illegal and fraudulent, and there is no instruction in Islamic law to approve it,” Saber Mohmand said over the phone. “As a result, we have banned it.”