What is the ruling on selling nine metal riyals for ten paper riyals?
Machine translationRead the Arabic original
Question:
There is an international and domestic telephone next to the residence, and there is a shop next to the telephone that sells iron riyals. This shop sells one riyal for two riyals, and it also sells five for four. What is your guidance? May Allah reward you with good.
Answer:
The Saudi riyal for the Saudi riyal requires equality between them; they are exchanged for one another, and differentiation is not required. It is riba (usury or interest) because it is the Saudi riyal, a single type. Whether it is paper or metal, the criterion is that it is one currency in one country, so it is of the same type. And when the type is the same, differentiation is forbidden. Yes.
There is an international and domestic telephone next to the residence, and there is a shop next to the telephone that sells iron riyals. This shop sells one riyal for two riyals, and it also sells five for four. What is your guidance? May Allah reward you with good.
Answer:
The Saudi riyal for the Saudi riyal requires equality between them; they are exchanged for one another, and differentiation is not required. It is riba (usury or interest) because it is the Saudi riyal, a single type. Whether it is paper or metal, the criterion is that it is one currency in one country, so it is of the same type. And when the type is the same, differentiation is forbidden. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم بيع تسعة ريالات معدنية مقابل عشر ريال ورق؟ الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.