I exchanged my ring with my sister’s ring, and due to the difference in weight, I gave her my ring along with 25 dinars. Is there riba (usury or interest) in this exchange?
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Question:
She has another case in which she says: My sister wanted to exchange my ring with her ring. Due to the difference in weight between the two rings, I told her that this exchange involves riba (usury or interest). Because of her urgent desire for my ring, I said to her: Let us appraise the value of both, then you buy my ring, and I buy my ring. The transaction took place as follows: I gave my mother my ring and said, “Appraise the value of each one.” She appraised her ring at forty dinars and my ring at twenty-five dinars because of its lighter weight. I said to my sister, “Are you satisfied?” She said, “Yes.” So I gave her my ring along with fifteen dinars to complete the forty, and I took her ring. This happened in the same session. A few days later, a doubt about this transaction occurred to me, and I said to myself: I wish I had given her the forty in cash and taken her ring, and she had given me the twenty-five in cash and given me her ring, so that we could avoid riba (usury or interest), some forms of which are hidden from us. So I came to you with this, hoping you will inform me of the validity of this transaction that took place between us. If it is riba (usury or interest), what should we two do now? May Allah reward you with good.
Answer:
This transaction is riba (usury or interest). It is a well-known issue that the jurists have explicitly stated: selling a ribawi (interest-bearing) item for its like, along with or between them, an item of a different type. This is exactly the same form, so it is forbidden and riba (usury or interest).
Also, the fact that she buys her ring on the condition that the other one buys the seller’s ring is also forbidden; because it is two sales in one sale. If one says, “I will sell you this item on the condition that you sell me such-and-such item,” this is two sales in one sale, which the Prophet (peace and blessings be upon him) prohibited. In any case, this transaction is forbidden, and it is obligatory to retract from it, and it is obligatory to retract from it, and each one should return her ring to the other, and return the money she took from the other, and this contract is considered
She has another case in which she says: My sister wanted to exchange my ring with her ring. Due to the difference in weight between the two rings, I told her that this exchange involves riba (usury or interest). Because of her urgent desire for my ring, I said to her: Let us appraise the value of both, then you buy my ring, and I buy my ring. The transaction took place as follows: I gave my mother my ring and said, “Appraise the value of each one.” She appraised her ring at forty dinars and my ring at twenty-five dinars because of its lighter weight. I said to my sister, “Are you satisfied?” She said, “Yes.” So I gave her my ring along with fifteen dinars to complete the forty, and I took her ring. This happened in the same session. A few days later, a doubt about this transaction occurred to me, and I said to myself: I wish I had given her the forty in cash and taken her ring, and she had given me the twenty-five in cash and given me her ring, so that we could avoid riba (usury or interest), some forms of which are hidden from us. So I came to you with this, hoping you will inform me of the validity of this transaction that took place between us. If it is riba (usury or interest), what should we two do now? May Allah reward you with good.
Answer:
This transaction is riba (usury or interest). It is a well-known issue that the jurists have explicitly stated: selling a ribawi (interest-bearing) item for its like, along with or between them, an item of a different type. This is exactly the same form, so it is forbidden and riba (usury or interest).
Also, the fact that she buys her ring on the condition that the other one buys the seller’s ring is also forbidden; because it is two sales in one sale. If one says, “I will sell you this item on the condition that you sell me such-and-such item,” this is two sales in one sale, which the Prophet (peace and blessings be upon him) prohibited. In any case, this transaction is forbidden, and it is obligatory to retract from it, and it is obligatory to retract from it, and each one should return her ring to the other, and return the money she took from the other, and this contract is considered
Source
قناة «العلامة الدكتور صالح الفوزان»، تبادلت أنا وأختي بخاتمها وخاتمي، ونظرا للفارق أعطيتها خاتمي مع 25 ديناراً ، فهل في هذه المبادلة ربا؟ — youtube.com
The Arabic text is a machine transcription of the audio recording.