What is the ruling on trading in currency exchange?
Machine translationRead the Arabic original
The questioner:
May Allah reward you, Honorable Shaykh. This questioner asks: What is the ruling on trading in currency exchange?
The Shaykh:
There is nothing wrong with it, but with the condition of immediate exchange. One exchanges his currency for his currency, and there is nothing wrong with it, but immediate exchange is required; they must not separate while anything remains between them, as the Messenger (peace and blessings be upon him) said.
The questioner:
May Allah reward you. He says: And if the governments prohibit it on the grounds of harming the economy?
The Shaykh:
If they prohibit it, he must refrain and seek his livelihood in another profession, praise be to Allah. Yes.
May Allah reward you, Honorable Shaykh. This questioner asks: What is the ruling on trading in currency exchange?
The Shaykh:
There is nothing wrong with it, but with the condition of immediate exchange. One exchanges his currency for his currency, and there is nothing wrong with it, but immediate exchange is required; they must not separate while anything remains between them, as the Messenger (peace and blessings be upon him) said.
The questioner:
May Allah reward you. He says: And if the governments prohibit it on the grounds of harming the economy?
The Shaykh:
If they prohibit it, he must refrain and seek his livelihood in another profession, praise be to Allah. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [2604 -3022] ما حكم المتاجرة في صرف العملات؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.