How is a debt repaid if the value of the currency changes from the time of the loan to the time of repayment?
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. The questioner says: I lent a person 100,000 Syrian pounds two years ago. When the time for repayment came in these days, the currency had dropped to about half its value. His question is: Do I return the debt at its value on the day of the loan or on the day of repayment? Since if he repays
Answer:
and the currency has not fallen, as long as the currency has not fallen, it is used in transactions, so he repays with it. And if it has fallen and what is used in transactions is [different], he repays on the day he receives it, according to the day he receives it. Yes.
Honorable Shaykh, may Allah grant you success. The questioner says: I lent a person 100,000 Syrian pounds two years ago. When the time for repayment came in these days, the currency had dropped to about half its value. His question is: Do I return the debt at its value on the day of the loan or on the day of repayment? Since if he repays
Answer:
and the currency has not fallen, as long as the currency has not fallen, it is used in transactions, so he repays with it. And if it has fallen and what is used in transactions is [different], he repays on the day he receives it, according to the day he receives it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، كيف يكون سداد الدين إذا تغيرت قيمة العملة من وقت القرض إلى وقت السداد؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.