Restricted Jurisdiction

We have detected that you may be accessing this website from our prohibited jurisdiction. Please be aware that we do not offer our services to individuals or companies of certain jurisdictions, including but not limited to Afghanistan, Canada, Congo (Kinshasa), Cuba, Cyprus, Hong Kong, Indonesia, Iran, Malaysia, North Korea, Singapore, Spain, Sudan, Syria, United Arab Emirates, United States and Yemen. If you are of origin/ located in one of abovementioned regions, you are prohibited from using our services. We strongly advise residents of these regions to consult with legal counsel to ensure compliance with local laws and regulations.

Risk Disclosure

Trading financial instruments involves high risks due to the fluctuation in their value and prices, large losses exceeding your initial investment may incur rapidly. Past performance of an investment is not an indication of its performance in the future. Please ensure you fully understand the risks of trading the respective financial instruments before engaging in any transactions with us. Please read ourClient AgreementandRisk Disclosureto learn more.

Disclaimer

The information and services on this website are provided "as is." We make no warranties about the accuracy, completeness, or reliability of this information. We reserve the right to modify or discontinue our services at any time with or without notice.

Governing Law

You shall be governed by the laws of the Republic of Vanuatu, and you hereby acknowledge in complying with those laws.

Get Started

T&Cs Apply.

What is an Islamic Account?

The Islamic account is a type of trading account designed for Muslim traders that does not involve interest charges for overnight positions or swaps, which are typically incurred when holding trades open for a longer period of time.

Key features of the Islamic account

No Swap fees

Unlike regular accounts, which may incur swap or rollover interest charges, Islamic accounts are swap-free, meaning no interest is paid or received on overnight positions.

Compliance with Shariah Law

The account structure is designed to meet the ethical and legal requirements of Islamic finance, which prohibits earning or paying interest.

Same Trading Conditions

The trading conditions, such as spreads, leverage, and market access, are typically the same as in any other account type, but without interest.

Why Is Doo Prime the Ideal Choice for Your Islamic Account?

1:1000 Leverage

Benefit from flexible leverage up to 1:1000.

Swap-Free

Trade without overnight fees. Save big on every trade!

Ultra Low Spreads

As low as 0.1 pips, save up to USD 10 per lot.

Lightning-Speed Order Execution

In the blink of an eye - Reliable trade execution in just 50ms.

Please check the applicable administration fees that may apply to your account.

  • HK Stocks
  • AUS Stocks
  • Major Forex
  • Cross Forex
  • Minor Forex
  • Precious Metals
  • Commodities
  • Stock Indices
  • Futures
Symbol
Symbol
Symbol
Swap Long
Swap Long
Swap Long
Swap Short
Swap Short
Swap Short
3-Day Swap
3-Day Swap
3 倍隔夜利息
Currency
Currency
AUD / CAD
-1.2 -1.276 USD
-1.2 -1.276 USD
周三 22 : 00

How to Open an Islamic Account

1

Open a Live Trading Account

2

Request to Convert your Live Account into an Islamic account on Client Area.

3

Review and Accept the Terms and Conditions.

4

Enjoy Swap-free trading!

Open an Islamic Account

Frequently Asked Questions

What instruments am I allowed to trade with an Islamic account?

You can trade the same instruments with the same trading conditions as any other account type, just without the swap fees. 

What fees are associated with my Islamic account?

Islamic accounts at Doo Prime are designed to comply with Sharia law, which means they are free from interest-based charges. However, other trading fees may apply, such as:

  • Administrative fees: There may still be small administrative fees applied on all open positions. When a position is reopened, the  new position is calculated based on the closing price, rather than the original opening price.
  • Holding Fee: A holding fee will apply for positions held overnight. A triple holding fee will be applied on Fridays, and only negative fees will be charged (no positive fees will be credited). 
  • Other Fees: Depending on your trading account type, there may be commissions and dividend charges for applicable trading instruments.

What is the minimum deposit requirement for an Islamic account? 

The minimum deposit requirement for an Islamic Account is $100 USD which is the same for a STP or ECN account.  

Which countries are eligible for an Islamic account? 

Nationals of the following countries are eligible for an Islamic account:

Türkiye, Mali, Somalia, Syria, Iran, Iraq, Afghanistan, Algeria, Bangladesh, Burkina Faso, Congo - Kinshasa, Egypt, Ethiopia, Guinea, India, Indonesia, Côte d’Ivoire, Kazakhstan, Morocco, Niger, Nigeria, Pakistan, Philippines, Russia, Saudi Arabia, Senegal, Sudan, Tanzania, Uzbekistan and Yemen.