The Ruling on Saying That Paper Money Is Not Subject to Riba
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. A questioner says: Some writers in the newspapers always state that paper currency does not involve riba (usury or interest), and they mention many matters regarding this.
Answer:
This is a liar. Riba enters it just as it enters its original form. I mean, there is no riba now? Now we only have paper money, so riba has ended? Who says this except an ignorant person or an atheist? Yes.
Honorable Shaykh, may Allah grant you success. A questioner says: Some writers in the newspapers always state that paper currency does not involve riba (usury or interest), and they mention many matters regarding this.
Answer:
This is a liar. Riba enters it just as it enters its original form. I mean, there is no riba now? Now we only have paper money, so riba has ended? Who says this except an ignorant person or an atheist? Yes.
Source
المنتقى من أخبار سيد المرسلين-11-07-1438هـ — af.org.sa (54:14)
The Arabic text is a machine transcription of the audio recording.