To apply for an Islamic Account, you need to undertake three simple steps:
- You need to fully verify your account with all the relevant documentation;
- You need to fund your Account.
- Once you have verified and funded your account, you can then request Customer Services to apply for an Islamic account which operates under Sharia Law.
Islamic account requests are usually processed within 1-2 business days.
Important: Please note that trades that are held open for more than 10 days will be charged swaps, even on Islamic accounts! This is a condition and limitation of Swap-Free Islamic accounts with Friedberg Direct powered by AvaTrade technology.