Separate the layers
የመሣሪያ፣ የሞባይል ዳታ እና የግንኙነት አውድ: ይህ መመሪያ ለኢትዮጵያ የመዳረሻ ሁኔታ ተዘጋጅቷል።
| Layer | Question | Evidence |
|---|---|---|
| Software | What does MT4/MT5 do? | Order/chart/EA functions |
| Broker relationship | Who is counterparty and under which entity? | Agreement and account registration |
| Instrument | Spot ownership, security or CFD? | Specification/product disclosure |
| Financing/fees | Leverage, swap, commission, admin fee? | Account terms and PA notice |
| Execution/settlement | When and how are rights/cash transferred? | Execution policy and history |
Examples on the same platform
| Use | Key Shariah question | Why app name is insufficient |
|---|---|---|
| XAUUSD CFD | No bullion delivery; possession and derivative structure | MT5 only transmits the order |
| Currency CFD | Ownership/possession, settlement and leverage | Ticker appearance does not define contract |
| EA strategy | Underlying trade plus automation conduct | Automation cannot cure an impermissible contract |
| Demo account | No real settlement, but learning behavior still matters | Simulation differs from live contract |
Review workflow
- Open the exact symbol specification.
- Identify whether underlying ownership transfers.
- Document settlement and possession.
- List spread, commission, swap and admin fees.
- Record leverage/margin and short-selling structure.
- Give current documents to a qualified scholar.
- Repeat after broker terms change.
EA and copy automation
An EA executes programmed trades; its speed does not decide permissibility. Review every instrument and fee the code can use, prevent unauthorized symbols, cap risk and log orders. A copied signal also does not transfer religious responsibility to the signal provider.
Technical compatibility still matters
MT4 uses MQL4 and MT5 uses MQL5; EAs run on matching desktop terminals, not mobile/web. Technical correctness is separate from Shariah acceptability, but a malfunction can create unintended exposure and fees.
Reference set
MetaTrader EA operation · Exness CFD product boundary · AAOIFI standards index
ተደጋጋሚ ጥያቄዎች
MT5 app itself halal ነው?
It is software; assess each underlying transaction and contract.
Swap-free toggle makes every MT5 trade halal?
No. Ownership, possession, leverage, derivative and settlement questions remain.
EA changes the religious ruling?
Automation does not change the underlying contract; it adds conduct and control questions.
Who can decide the final ruling?
A qualified scholar reviewing the exact current product documents and fees.