The ruling on appointing a person to exchange dollars
Machine translationRead the Arabic original
The questioner:
He said: Shaykh, I gave a person dollars in Riyadh to sell them in Egypt. If he sells them, he gives me their price, and if he sells them, he returns them.
The Shaykh:
And if he does not.
The questioner:
And if he does not see them, he shows them to him. He has sold them, and I am wrong in that I obtain their price in riyals. Is that permissible, except that he has sold them to all of Egypt?
The Shaykh:
This exchange is an exchange where there is no objection to you appointing a person, giving him dollars, and saying, "Exchange them into Egyptian pounds in Egypt, for example." There is no objection, because this is an agency in exchange, but with the condition of taking possession. If he exchanges them, taking possession is necessary. And if you buy Egyptian pounds, it is permissible to convert them into Saudi riyals, but with taking possession, with taking possession. This is an exchange transaction, and there is nothing wrong with it. Yes.
He said: Shaykh, I gave a person dollars in Riyadh to sell them in Egypt. If he sells them, he gives me their price, and if he sells them, he returns them.
The Shaykh:
And if he does not.
The questioner:
And if he does not see them, he shows them to him. He has sold them, and I am wrong in that I obtain their price in riyals. Is that permissible, except that he has sold them to all of Egypt?
The Shaykh:
This exchange is an exchange where there is no objection to you appointing a person, giving him dollars, and saying, "Exchange them into Egyptian pounds in Egypt, for example." There is no objection, because this is an agency in exchange, but with the condition of taking possession. If he exchanges them, taking possession is necessary. And if you buy Egyptian pounds, it is permissible to convert them into Saudi riyals, but with taking possession, with taking possession. This is an exchange transaction, and there is nothing wrong with it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 11 من 89|شرح العدة في شرح العمدة|البيوع|باب الربا|صالح الفوزان|الفقه|كبار العلماء — youtube.com (52:57)
The Arabic text is a machine transcription of the audio recording.
