Forex trading in Afghanistan has faced significant regulatory changes since the Taliban's return to power in 2021. 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 (1). This represents a major shift from the country's previous stance on forex trading activities.
The financial sector in Afghanistan is regulated by Da Afghanistan Bank (DAB), the country's central bank, which serves as the official monetary authority and provides exchange rate information and banking services (2). Under the current regulatory framework implemented after 2021, individuals found participating in forex trading activities now face legal consequences under Sharia law.
"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."
Prior to the Taliban's takeover, forex trading existed in a more ambiguous legal environment, with some sources indicating it was neither explicitly legal nor illegal. However, the current administration has taken a definitive stance against online forex trading, citing religious grounds for the prohibition. This ban affects both individual traders and forex brokers operating within Afghan territory, making it essential for anyone considering forex trading in Afghanistan to understand the current legal risks involved.
Source:
https://www.bloomberg.com/news/articles/2022-06-28/taliban-declare-online-forex-trading-illegal-in-afghanistan
https://dab.gov.af/
Last updated: 02-06-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
