The ruling on repaying a debt in a currency other than the debtor's
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on repaying a debt in a currency other than the debtor's, with the consent of both parties, and taking into account the exchange rate between the two currencies?
Answer:
There is nothing wrong with it. If the type of currency differs, it is permissible to exchange it or to pay it off in a currency other than the one he owes. Yes.
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on repaying a debt in a currency other than the debtor's, with the consent of both parties, and taking into account the exchange rate between the two currencies?
Answer:
There is nothing wrong with it. If the type of currency differs, it is permissible to exchange it or to pay it off in a currency other than the one he owes. Yes.
Source
شرح كتاب المنتقى من أخبار المصطفى صلى الله عليه وسلم، بداية من باب ارتياد المكان الرخو وما يكره التخلي فيه — islamhouse.com (56:29)
The Arabic text is a machine transcription of the audio recording.