Repaying a gold loan with the equivalent weight or with the value?
Machine translationRead the Arabic original
Question:
The questioner says: I took from my wife the equivalent of 50 grams of gold and sold it for 2200 pounds. I want to return what I took. Do I return its weight in gold, or the value? And does this fall under riba (usury or interest)? May Allah reward you with good.
Answer:
This is according to her request. If she asked you to return the gold, then you should buy her gold and return it to her by weight, by its weight, without any increase. And if she is satisfied with taking the value, then there is nothing wrong with that. This is not from riba; this is from sarf (currency exchange). This is considered sarf. Yes.
The questioner says: I took from my wife the equivalent of 50 grams of gold and sold it for 2200 pounds. I want to return what I took. Do I return its weight in gold, or the value? And does this fall under riba (usury or interest)? May Allah reward you with good.
Answer:
This is according to her request. If she asked you to return the gold, then you should buy her gold and return it to her by weight, by its weight, without any increase. And if she is satisfied with taking the value, then there is nothing wrong with that. This is not from riba; this is from sarf (currency exchange). This is considered sarf. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، سداد قرض الذهب بالمثل أم بالقيمة؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.