Exchanging metal riyal for paper riyal with a difference
Machine translationRead the Arabic original
Fatwa No. ( 18523 )
Q: Is exchanging small coins forbidden or permissible? I want to sell nine metal riyal for ten paper riyal, and give on top of that a stick of incense or a miswak?
A: After the Committee studied the question and reviewed its previous rulings on the matter, it held that there is no objection to the difference in value when exchanging Saudi paper currency for Saudi metal currency, due to the difference in material between them, provided that the exchange takes place in the meeting of the contract.
Q: Is exchanging small coins forbidden or permissible? I want to sell nine metal riyal for ten paper riyal, and give on top of that a stick of incense or a miswak?
A: After the Committee studied the question and reviewed its previous rulings on the matter, it held that there is no objection to the difference in value when exchanging Saudi paper currency for Saudi metal currency, due to the difference in material between them, provided that the exchange takes place in the meeting of the contract.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.