Selling gold jewelry set with gems for riyals
Machine translationRead the Arabic original
The questioner:
He says: Honorable Shaykh, may Allah grant you success, is there a ruling on the exchange of dates? What is currently found in gold shops, where some of the gold contains...
The Shaykh:
Just as you asked me.
The questioner:
An exchange of dates.
The Shaykh:
Dates, dates.
The questioner:
May Allah reward you with good. Is there a ruling on the exchange of dates? What is currently found in gold shops, where some of the gold contains gems, so one buys the gold with its gems for riyals, on the basis that money and gold are of the same type?
The Shaykh:
Yes, this is a complex issue, this is a complex issue. If he sells the jewelry for riyals and the jewelry has gems, this is a sale of riba (usury or interest) for another riba, a sale of one riba for another riba with an increase. But note, it is not [forbidden], because if he sells the gold for dirhams, the type differs, so it is permissible for the gold to have gems, there is no harm. But if he sells the gold for gold, and one of the two pieces of gold has gems, that is what is not permissible. As for if he sells the gold for dirhams, there is no harm even if the gold has gems, because they are of different types; the type has changed.
He says: Honorable Shaykh, may Allah grant you success, is there a ruling on the exchange of dates? What is currently found in gold shops, where some of the gold contains...
The Shaykh:
Just as you asked me.
The questioner:
An exchange of dates.
The Shaykh:
Dates, dates.
The questioner:
May Allah reward you with good. Is there a ruling on the exchange of dates? What is currently found in gold shops, where some of the gold contains gems, so one buys the gold with its gems for riyals, on the basis that money and gold are of the same type?
The Shaykh:
Yes, this is a complex issue, this is a complex issue. If he sells the jewelry for riyals and the jewelry has gems, this is a sale of riba (usury or interest) for another riba, a sale of one riba for another riba with an increase. But note, it is not [forbidden], because if he sells the gold for dirhams, the type differs, so it is permissible for the gold to have gems, there is no harm. But if he sells the gold for gold, and one of the two pieces of gold has gems, that is what is not permissible. As for if he sells the gold for dirhams, there is no harm even if the gold has gems, because they are of different types; the type has changed.
Source
الفوزان -أشرطة- شرح زاد المستقنع مع الأسئلة - 051-كتاب البيوع - بيع الأصول والثمار - 23-7-23 هـ — archive.org (1:14:29)
The Arabic text is a machine transcription of the audio recording.