Definition of riba al-nasi'ah
Machine translationRead the Arabic original
Question:
The questioner says: What is meant by riba al-nasi'ah?
Answer:
Riba al-nasi'ah is deferral. For example, if one sells dirhams for deferred dirhams, dates for deferred dates, gold for deferred gold, silver for deferred silver, or paper money for deferred paper money, this is not permissible. This is currency exchange, and the exchange must take place in the presence of both parties; otherwise, it becomes forbidden deferred riba. Yes.
The questioner says: What is meant by riba al-nasi'ah?
Answer:
Riba al-nasi'ah is deferral. For example, if one sells dirhams for deferred dirhams, dates for deferred dates, gold for deferred gold, silver for deferred silver, or paper money for deferred paper money, this is not permissible. This is currency exchange, and the exchange must take place in the presence of both parties; otherwise, it becomes forbidden deferred riba. Yes.
Source
نور على الدرب - الفوزان - 02/298 — archive.org (16:18)
The Arabic text is a machine transcription of the audio recording.