Is there any Shariah basis for Vantage Markets Swap-Free account?

Vantage offers Swap-Free accounts for clients who are unable to participate in rollover interest for personal or religious reasons. No interest is charged on overnight positions ; however, an administration fee may apply.

Vantage does not represent or warrant that its Swap-Free account is Shariah-compliant. Clients are encouraged to seek independent advice from qualified scholars before trading.