Repaying a loan in the currency of a country other than the one in which the amount was sent
Machine translationRead the Arabic original
The questioner:
The Honorable Shaykh, may Allah grant you success, asks: I borrowed a sum of money from one of the brothers who resides in a country other than the one where I reside, so he sent me the amount via the bank in the currency of the country
The Shaykh:
Syrian currency.
The questioner:
I borrowed a sum of money from one of the brothers, who resides in a country other than the one where I reside, so he sent me the amount via the bank in the currency of the country where he resides, and I received it in the currency of the country where I reside. Now, the price of one of the currencies has risen relative to the other. In which currency do I repay the debt?
The Shaykh:
You repay with what you received. You repay the debt with what you received, in the currency you received. Forget the currency you received. If you received dollars, you repay in dollars, even if they have become more expensive or their value has increased. Or suppose you received Saudi riyals, you repay in Saudi riyals, even if their price has risen. You borrowed British pounds. You repay in British pounds. You repay in the currency you received from him, whether its price has fallen or risen.
The Honorable Shaykh, may Allah grant you success, asks: I borrowed a sum of money from one of the brothers who resides in a country other than the one where I reside, so he sent me the amount via the bank in the currency of the country
The Shaykh:
Syrian currency.
The questioner:
I borrowed a sum of money from one of the brothers, who resides in a country other than the one where I reside, so he sent me the amount via the bank in the currency of the country where he resides, and I received it in the currency of the country where I reside. Now, the price of one of the currencies has risen relative to the other. In which currency do I repay the debt?
The Shaykh:
You repay with what you received. You repay the debt with what you received, in the currency you received. Forget the currency you received. If you received dollars, you repay in dollars, even if they have become more expensive or their value has increased. Or suppose you received Saudi riyals, you repay in Saudi riyals, even if their price has risen. You borrowed British pounds. You repay in British pounds. You repay in the currency you received from him, whether its price has fallen or risen.
Source
شرح زاد المستقنع [49] — alfawzan.live (1:01:36)
The Arabic text is a machine transcription of the audio recording.