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Islamic Financial Securities

Regulated
International
Since 2003
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
  • Basic

Official website

islamicbroker.com.qa

Online · checked Sep 10, 2026

Also on our record

  • wasata.qa
  • etrade.wasata.qa

Funding Methods

6 methods

Bank Transfer

bank transfer
Up to 2 days
Fee:Not recorded
Fee:Not recorded

Credit/Debit Card

credit card
Up to 1 day
Fee:Not recorded
Fee:Not recorded

E-Wallets

e wallet
Instant
Fee:Not recorded
Fee:Not recorded

Prepaid Cards

debit card
Instant
Fee:Not recorded
Fee:Not recorded

Wire Transfer

wire transfer
Up to 3 days
Fee:Not recorded
Fee:Not recorded

Cryptocurrency

crypto
Instant
Fee:Not recorded
Fee:Not recorded

Trust rating

High risk

39 out of 100 · 53% checked· Provisional

The licences it claims have not been checked on any official register.

We checked Islamic Financial Securities on 2026-10-25 across its regulation, company record, client terms, trading offer and service, and could verify 53% of its record. It claims 1 licence on its site, but none has been checked on an official register yet. The score of 39 is what the checked record adds up to; nothing held it down. The rating stays provisional until a claimed licence is checked on an official register. What would move the score: licence held by the onboarding entity, verified age, transparency. No investigation has been published yet, so complaints and reputation are unknown. Its client terms have not been reviewed yet.

Score last calculated 2026/10/25

Company Information

Full Name:Islamic Financial Securities Co.
Founded:2003
Headquarters:N/A
Enterprise Offices:N/A

Customer Support

Phone:
+974 44498888
Live Chat:
Available
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Islamic Financial Securities: its history, the licences it holds, its trading conditions and its fees.

Introduction

Islamic Financial Securities is a well-known name in the financial services arena, more specifically within trading brokerage. In the face of today's changing world of finance, brokers such as Islamic Financial Securities act as conduits to various markets for both traders and investors around the world. This endeavor mimics the demand for ethical and Sharia-compliant trading options, increasingly prevailing in today's world.

Introduction & History

Islamic Financial Securities is an unregulated financial company that was established in 2003, with headquarters in Qatar. It only offers stock trading through its app. Also, not much information is available with respect to account details and trading fees.

Islamic Financial Securities has likely emerged to cater to traders' needs looking for financial products that conform to Islamic values, such as the prohibition of interest-riba- and avoidance of speculative transactions. It positions the broker uniquely in a competitive market.

Key Features and Offerings

With limited information on specific products, Islamic Financial Securities likely provides access to various trading instruments and services to fit the needs of their clients. Most brokers in this category offer access to forex, commodities, indices, and possibly some forms of equities, but in a manner that has been tailored to meet the principles of Islamic finance.

Moreover, the broker may provide specific account types designed to avoid interest charges; these include swap-free accounts, crucial to traders of the Muslim faith. This account type enables clients to trade with no overnight fees applicable, per Sharia law.

Licensing and Regulatory Compliance

Regulatory oversight is perhaps the most important factor when assessing any provider of financial services. It is difficult to find publicly available information on specific licenses that Islamic Financial Securities holds or which regulating bodies they fall under. Needless to say, this is a concerning factor for those potential clients who would prefer a regulated environment in which to conduct their trading activities.

It is recommended that the clients perform due diligence and confirm the regulatory status of Islamic Financial Securities directly with them through direct confirmation before undertaking trading activities.

Kneaded by the rock, thus the Spring born beneath the sparks.

Trading Conditions and Technology of the Platform

Specific details about trading conditions with Islamic Financial Securities are not widely documented, but normally brokers in this arena try to offer competitive spreads and leverage options and low minimum deposit requirements to attract a wide clientele base of traders.

Platform technology is another important point since it impacts the trading experience directly. Although some particular platforms supported by Islamic Financial Securities are not confirmed, most brokers use the most popular trading platforms such as MT4, MT5, or their proprietary platform built according to client needs.

Trading Terms

Use end

Very limited available information

Fee Structure

Understanding the fee structure is crucial as it helps traders understand how economically viable a certain broker will be. Islamic Financial Securities has failed to provide clear details about their fees deposit or withdrawal charges, commission, or any other trading-related charges.

Islamic account offering brokers typically will not charge swap fees, but compensate with other charges. To understand the fees if any, offered by Islamic Financial Securities, one needs to contact the broker directly for accurate and timely information.

Fee Type

Details

Fee for Deposits

Very limited available information.

Withdrawal Fees

Information is limited to a few sources.

Conclusion

Islamic Financial Securities is a niche brokerage house that exclusively offers traders the ability to invest in Sharia-compliant financial products. Overall, the brokerage does not provide much detail about its offering, regulation, or fees; however, because of its business model and focus on Islamic finance principles, it certainly stands out from other financial services firms. Prospective clients are encouraged to perform thorough due diligence and seek direct information from Islamic Financial Securities regarding trading needs and compliance expectations. As the market for ethical and Islamic finance continues to grow, brokers like Islamic Financial Securities may play an increasingly important role in providing accessible and compliant trading solutions.

Regulation check

Regulatory Licenses

Islamic Financial Securities is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

0 of 1 checked
Licences on record
1
Confirmed on register
0
Tier 1 or 2
1
Offshore
0

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

Financial Markets Authority No number recorded

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
Qatar
Authority strength
Tier 2
Licence type
Financial Service
Not yet checked on the register

Client protection under this licence

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Negative balance protection
  • Complaints routeFSCL
  • Maximum leverage1:500

These are the rules FMA sets for the firms it licenses. They are not a statement about how Islamic Financial Securities applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

One account type on record.

1 account type
AccountMin DepositMax LeverageCommission
BasicStandardNot recordedNot recordedNot recorded
Account names and conditions as published by Islamic Financial Securities, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

6 ways to fund an account. 3 credit instantly.

6 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank Transfer1Not recordedNot recordedNot recordedNot recordedNot recordedUp to 2 days
Credit/Debit CardCredit CardProcessing times are typically around 1–3 business days.Not recordedNot recordedNot recordedNot recordedNot recordedUp to 1 day
E-WalletsE-WalletProcessing is typically instant.Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Prepaid CardsDebit Card
Prepaid cards are available in various currencies and offer instant processing for deposits.
Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Wire TransferWire Transfer1Not recordedNot recordedNot recordedNot recordedNot recordedUp to 3 days
CryptocurrencyCryptocurrencyProcessing times can vary depending on network conditions.Not recordedNot recordedNot recordedNot recordedNot recordedInstant

Broker's notes on these methods

  1. Processing times can vary depending on the banks involved. · applies to 2 methods
Fees, limits and processing times as published by Islamic Financial Securities, recorded by Wikilix.
Websites

Global Domains

2 domains on record. All active and served over HTTPS.

2 domains
  • www.wasata.qaActiveHTTPS
  • etrade.wasata.qaActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

2 official channels on record.

2 channels
Channels as published by the broker, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about Islamic Financial Securities

Most Popular Questions
Islamic Financial Securities offers customer support in English with live chat available during business hours. They can be contacted by phone at +974 44498888 or by email at info@islamicbroker.com.qa.
Islamic Financial Securities offers trading in forex, funds, options, derivatives, binary options, and CFDs.
Offers a mobile & web trading App for its brokerage services. No evidence of MT4, MT5, cTrader, NinjaTrader, TradingView, thinkorswim, or MultiCharts being supported
Islamic Financial Securities supports several payment methods including bank transfers, credit/debit cards, e-wallets, prepaid cards, wire transfers, and cryptocurrency. Processing times vary from instant for e-wallets and prepaid cards to several days for bank and wire transfers.
Islamic Financial Securities Co. is regulated by the Financial Markets Authority (FMA) in New Zealand. The FMA is a government-regulated body with a high transparency level and offers strict fund segregation but no mandatory client fund insurance.
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