What is the ruling on one who considers riba (usury or interest) in paper currency to be permissible?
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success, if a person considers riba in paper currency to be permissible, does he become an apostate by saying this?
Answer:
No one considers riba permissible except an ignorant person or one who does not care. No one considers riba permissible in paper currency. The value of these currencies, whether they are gold and silver or paper, is the same. Paper has the ruling of gold and silver because it serves their function, so it is a substitute for them and has their ruling. Therefore, riba applies to it; riba applies to it. It is not permissible for anyone to engage in riba with paper currency. Yes.
Honorable Shaykh, may Allah grant you success, if a person considers riba in paper currency to be permissible, does he become an apostate by saying this?
Answer:
No one considers riba permissible except an ignorant person or one who does not care. No one considers riba permissible in paper currency. The value of these currencies, whether they are gold and silver or paper, is the same. Paper has the ruling of gold and silver because it serves their function, so it is a substitute for them and has their ruling. Therefore, riba applies to it; riba applies to it. It is not permissible for anyone to engage in riba with paper currency. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [1625 -3022] ما حكم من استحل الربا في العملات الورقية؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.