The Ruling on Deferral in the Chapter of Loans
Machine translationRead the Arabic original
The questioner : Yes. But if it is two currencies, is deferral not permissible, O Shaykh? In what people have become accustomed to today, the cooperative.
The Shaykh : Gold for gold, gold for silver.
The questioner : Yes, but what is the ruling on what people do today in the cooperative? What happens, O Shaykh?
The Shaykh : A position.
The questioner : Yes.
The Shaykh : It is not a sale.
The questioner : It is not a sale. It is a loan. Yes.
The Shaykh : There is no problem. Did I not give you ten riyals as a loan and you took them from me after a month? The loan is outside of this, yes.
The Shaykh : Gold for gold, gold for silver.
The questioner : Yes, but what is the ruling on what people do today in the cooperative? What happens, O Shaykh?
The Shaykh : A position.
The questioner : Yes.
The Shaykh : It is not a sale.
The questioner : It is not a sale. It is a loan. Yes.
The Shaykh : There is no problem. Did I not give you ten riyals as a loan and you took them from me after a month? The loan is outside of this, yes.
Source
قناة «فضيلة الشيخ محمد بن صالح العثيمين»، [4122] حكم النسأ في باب القرض - تعليقات على الكافي لابن عثيمين — youtube.com
The Arabic text is a machine transcription of the audio recording.