Repaying a loan when the value of the currency changes
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. A questioner says: When a loan is taken in the currency of a certain country, what is the safest way to repay it when the currency’s level fluctuates, going up and down?
Answer:
As long as it is in use and has not been abolished, you repay it in its value, even if it has fallen. Yes.
Honorable Shaykh, may Allah grant you success. A questioner says: When a loan is taken in the currency of a certain country, what is the safest way to repay it when the currency’s level fluctuates, going up and down?
Answer:
As long as it is in use and has not been abolished, you repay it in its value, even if it has fallen. Yes.
Source
المنتقى من أخبار سيد المرسلين 25-07-1438هـ — af.org.sa (52:21)
The Arabic text is a machine transcription of the audio recording.