The ruling on selling a commodity in a specific currency and receiving the payment in another currency
Machine translationRead the Arabic original
Question:
Also, may Allah reward you. Among the questions that came in, one says: I sold a commodity for Yemeni riyals, but when I wanted to pay him the amount, he said that the value of the currency had dropped due to the events taking place in Yemen and that it was now less for him, and that it must be in dollars. Is this transaction valid?
Answer:
If it is as stated that the Yemeni currency has dropped in value, causing harm to the seller and resulting in obvious loss, then the loss must be rectified, and the commodity should be sold at a fair price that does not harm either party. Yes.
Also, may Allah reward you. Among the questions that came in, one says: I sold a commodity for Yemeni riyals, but when I wanted to pay him the amount, he said that the value of the currency had dropped due to the events taking place in Yemen and that it was now less for him, and that it must be in dollars. Is this transaction valid?
Answer:
If it is as stated that the Yemeni currency has dropped in value, causing harm to the seller and resulting in obvious loss, then the loss must be rectified, and the commodity should be sold at a fair price that does not harm either party. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [2945] حكم بيع السلعة بعملة معينة واستيفاء المبلغ بعملة أخرى - صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.