The ruling on currency exchange through banks
Machine translationRead the Arabic original
Question:
I want to send an amount to my brother in Saudi Arabia, and his currency differs from the currency of my country, so I make my life difficult and sit here to find a way out of this situation.
Answer:
Dealing with the bank is easy: you buy the currency of your country here and transfer it; the bank transfers it for you, and your brother receives it there. This is the way out. However, if you receive the money here and your brother receives the alternative currency there, this is not permissible because this is riba (usury or interest). Huh? I do not think so. No, all international currencies are available here in the banks; they are all available in the banks. They bring them to you. If you do not find it in this bank or this bank, you will find it in the second bank.
I want to send an amount to my brother in Saudi Arabia, and his currency differs from the currency of my country, so I make my life difficult and sit here to find a way out of this situation.
Answer:
Dealing with the bank is easy: you buy the currency of your country here and transfer it; the bank transfers it for you, and your brother receives it there. This is the way out. However, if you receive the money here and your brother receives the alternative currency there, this is not permissible because this is riba (usury or interest). Huh? I do not think so. No, all international currencies are available here in the banks; they are all available in the banks. They bring them to you. If you do not find it in this bank or this bank, you will find it in the second bank.
Source
تحويل العملات — alfawzan.live
The Arabic text is a machine transcription of the audio recording.