The Ruling on Converting Riyals Outside the Kingdom by Taking a Commission
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success. Converting Saudi riyals outside the Kingdom, and the money changer takes ten riyals for every thousand riyals, and he delivers them in the country to which they are being sent. Is this permissible?
Answer:
If the money is converted to the other country by itself, the riyals that I gave you are converted into riyals, and they are delivered to their owner in his country, and he takes a fee for transporting them and for their exchange, there is no harm. This is a lease, this is a lease that is not deficient, and he transports them by himself and deposits them. But if he means he takes riyals from you here and gives you their equivalent in another country, this is deferred currency exchange, and it is not permissible for you. Yes.
He says: Honorable Shaykh, may Allah grant you success. Converting Saudi riyals outside the Kingdom, and the money changer takes ten riyals for every thousand riyals, and he delivers them in the country to which they are being sent. Is this permissible?
Answer:
If the money is converted to the other country by itself, the riyals that I gave you are converted into riyals, and they are delivered to their owner in his country, and he takes a fee for transporting them and for their exchange, there is no harm. This is a lease, this is a lease that is not deficient, and he transports them by himself and deposits them. But if he means he takes riyals from you here and gives you their equivalent in another country, this is deferred currency exchange, and it is not permissible for you. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 141/76 شرح زاد المستقنع/ صالح الفوزان — youtube.com (24:02)
The Arabic text is a machine transcription of the audio recording.