Returning the capital of a partnership in a different currency
Machine translationRead the Arabic original
Question:
This questioner says to me: I have a partnership with some people, and they entered with me with capital in Egyptian pounds, while the partnership is in Saudi riyals. We agreed that when the partnership is dissolved, his capital would be returned to him in Egyptian pounds. However, the riyal is now higher in value relative to the Egyptian pound than it was before. What is your advice regarding this?
Answer:
You and he reached a mutual agreement on a matter to proceed with. Yes.
The presenter:
May Allah reward you, Honorable Shaykh,
This questioner says to me: I have a partnership with some people, and they entered with me with capital in Egyptian pounds, while the partnership is in Saudi riyals. We agreed that when the partnership is dissolved, his capital would be returned to him in Egyptian pounds. However, the riyal is now higher in value relative to the Egyptian pound than it was before. What is your advice regarding this?
Answer:
You and he reached a mutual agreement on a matter to proceed with. Yes.
The presenter:
May Allah reward you, Honorable Shaykh,
Source
شرح العقيدة الواسطية، العقيدة الواسطية 16-01-1438هـ — alfawzan.live (55:12)
The Arabic text is a machine transcription of the audio recording.