Islamic accounts, also known as swap-free accounts, are available for Syrian traders who require compliance with Sharia law, which prohibits earning or paying interest. For CHF/JPY, standard swap fees apply when holding positions overnight, but Islamic accounts waive these charges entirely. Among the top brokers,
CMC Markets offers Islamic accounts with no swap on CHF/JPY, while
Eightcap provides swap-free options for CFD pairs.
ThinkMarkets and
Vantage also support Islamic accounts for Syrian clients, with no hidden fees on overnight holds.
HYCM and
Blueberry Markets include Islamic accounts in their offerings, though you must request activation during account setup.
FP Markets rounds out the list with Islamic accounts available for CHF/JPY on TradingView. Syrian traders should confirm that the Islamic account remains swap-free even for long-term holds, as some brokers limit the duration. This feature allows traders in Damascus to hold CHF/JPY positions through the weekly rollover without incurring financing costs.