Is it permissible to sell old silver currency for expensive paper currency?
Machine translationRead the Arabic original
Question:
A questioner says: I have old silver riyals, and their price is high now. Is it permissible for me to sell an old silver riyal for one hundred paper riyals?
Answer:
Yes, if it is not of the same type, there is no objection. As for selling silver for silver, that is not permissible except if they are equal in amount. But if it is of a different type, there is no objection. That is, if these types differ, sell however you wish, but on the condition that it is hand-to-hand, meaning you exchange them immediately. Yes.
A questioner says: I have old silver riyals, and their price is high now. Is it permissible for me to sell an old silver riyal for one hundred paper riyals?
Answer:
Yes, if it is not of the same type, there is no objection. As for selling silver for silver, that is not permissible except if they are equal in amount. But if it is of a different type, there is no objection. That is, if these types differ, sell however you wish, but on the condition that it is hand-to-hand, meaning you exchange them immediately. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، هل يجوز بيع العملة القديمة من الفضة بعملة ورقية غالية؟ لمعالي الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.