What is the ruling on changing currency
Machine translationRead the Arabic original
The questioner : Shaykh Muhammad, there is a question: Is it permissible, is it permissible to sell a silver riyal for ten paper riyals?
The Shaykh : A silver riyal.
The questioner : A silver riyal for ten paper riyals.
The Shaykh : No one does this. Yes. No one does this.
The questioner : Ready?
The Shaykh : No one does this; no one wants to give you one riyal and you give him ten.
The questioner : No, he gives me one silver riyal and gives me ten.
The Shaykh : No, no, you do not want that.
The questioner : Yes.
The Shaykh : Perhaps you want to give him nine silver riyals and he gives you ten paper ones.
The questioner : Ten for ten.
The Shaykh : Look, may Allah bless you, is it conceivable that a person would give you ten paper riyals for one riyal?
The questioner : Yes, please.
The Shaykh : No one does this.
The questioner : So the banks sell.
The Shaykh : That means they tell you that the silver riyal is equal to ten.
The questioner : Yes.
The Shaykh : They say it this way.
The questioner : Yes.
The Shaykh : Is that all?
The questioner : There is nothing wrong with it.
The Shaykh : No, there is nothing.
The questioner : And the pound is the same.
The Shaykh : And it was found.
The Shaykh : A silver riyal.
The questioner : A silver riyal for ten paper riyals.
The Shaykh : No one does this. Yes. No one does this.
The questioner : Ready?
The Shaykh : No one does this; no one wants to give you one riyal and you give him ten.
The questioner : No, he gives me one silver riyal and gives me ten.
The Shaykh : No, no, you do not want that.
The questioner : Yes.
The Shaykh : Perhaps you want to give him nine silver riyals and he gives you ten paper ones.
The questioner : Ten for ten.
The Shaykh : Look, may Allah bless you, is it conceivable that a person would give you ten paper riyals for one riyal?
The questioner : Yes, please.
The Shaykh : No one does this.
The questioner : So the banks sell.
The Shaykh : That means they tell you that the silver riyal is equal to ten.
The questioner : Yes.
The Shaykh : They say it this way.
The questioner : Yes.
The Shaykh : Is that all?
The questioner : There is nothing wrong with it.
The Shaykh : No, there is nothing.
The questioner : And the pound is the same.
The Shaykh : And it was found.
Source
قناة «فضيلة الشيخ محمد بن صالح العثيمين»، 1881- ما حكم تغيير العملة /سؤال على الهاتف 📞 /ابن عثيمين — youtube.com
The Arabic text is a machine transcription of the audio recording.