The ruling on buying gold with a certified check or a bank card
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah reward you, is it permissible to buy gold with a certified check or a bank card?
Answer:
No. Gold is exchanged for gold hand-to-hand, and silver for silver hand-to-hand. If the types differ, such as selling gold for silver or for paper money, then excess is permissible, but immediate exchange is obligatory. So if these types differ, sell however you wish, provided it is hand-to-hand. A check is merely a document, just a document; it is not money. A document does not take the place of money, because it is only a certificate. Also, the money in the bank is absent; it is not present, it is in a distant place, another place. So the condition of the Messenger (peace and blessings be upon him), hand-to-hand, is not fulfilled.
Honorable Shaykh, may Allah reward you, is it permissible to buy gold with a certified check or a bank card?
Answer:
No. Gold is exchanged for gold hand-to-hand, and silver for silver hand-to-hand. If the types differ, such as selling gold for silver or for paper money, then excess is permissible, but immediate exchange is obligatory. So if these types differ, sell however you wish, provided it is hand-to-hand. A check is merely a document, just a document; it is not money. A document does not take the place of money, because it is only a certificate. Also, the money in the bank is absent; it is not present, it is in a distant place, another place. So the condition of the Messenger (peace and blessings be upon him), hand-to-hand, is not fulfilled.
Source
شراء الذهب بالشيك المصدق أو ببطاقة الصراف — alfawzan.live
The Arabic text is a machine transcription of the audio recording.