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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Ruling on buying Saudi currency with foreign currency?

Machine translationRead the Arabic original
Question:
Peace be upon you. It is the buying of Saudi currency with foreign currency.

Answer:
There is nothing wrong with that. This is sarf (currency exchange). This is sarf. If the type is different, disparity is permissible. If the type is not different, equality and immediate exchange in the meeting are required. Equality and immediate exchange in the meeting are required if it is Saudi riyals for Saudi riyals, or foreign currency for foreign currency from one country. Every country is a type. If it is from one country, it is one type. In that case, delay is not permissible, and immediate exchange in the meeting is required. If they are different, this from one country and that from another country, disparity is permissible. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، 6 من 11|حكم شراء العملة السعودية بالعملة الأجنبية؟|صالح الفوزان|كبار العلماء — youtube.com

The Arabic text is a machine transcription of the audio recording.

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