Ruling on exchanging a sum of money in installments
Machine translationRead the Arabic original
The questioner:
He says: Honorable Shaykh, may Allah preserve you. If a man goes to a place to exchange fifty riyals, and the one exchanging says, “Give me twenty riyals now, and come back in a little while and I will give you the rest,” is this valid? No.
The Shaykh:
Because it is not permissible for them to separate while something is still between them.
The presenter:
If he exchanges, he must receive the full value before they separate.
The Shaykh:
If the value is in currency, it is currency for currency.
The presenter:
So the exchange is not valid until possession is taken.
He says: Honorable Shaykh, may Allah preserve you. If a man goes to a place to exchange fifty riyals, and the one exchanging says, “Give me twenty riyals now, and come back in a little while and I will give you the rest,” is this valid? No.
The Shaykh:
Because it is not permissible for them to separate while something is still between them.
The presenter:
If he exchanges, he must receive the full value before they separate.
The Shaykh:
If the value is in currency, it is currency for currency.
The presenter:
So the exchange is not valid until possession is taken.
Source
قناة «العلامة الدكتور صالح الفوزان»، 141/69 شرح زاد المستقنع/ صالح الفوزان — youtube.com (10:14)
The Arabic text is a machine transcription of the audio recording.