Holding money in US dollars for fear that the value of other currencies will be affected by the riyal
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The third question of Fatwa No. ( 10896 )
Q3: Many people hold their money in US dollars for fear that the value of other currencies will be affected by the riyal. Is this permissible ? Knowing that the interest goes entirely to the disbelievers .
A3 : That is permissible.
Q3: Many people hold their money in US dollars for fear that the value of other currencies will be affected by the riyal. Is this permissible ? Knowing that the interest goes entirely to the disbelievers .
A3 : That is permissible.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.