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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Dealing in currencies and the exchange of possession in currency exchange

Machine translationRead the Arabic original
Question:
And from the two men, one of my associates said: I deal with him in writing a check, where he is in Canada and I work here, overseeing the country. Then I present it to a representative or a representative in those principles. So he takes it from our delivery to our partners of what is desired in that country. Is this known?

Answer:
No, this is currency exchange. It is obligatory that there be an exchange of possession, and it is obligatory that the exchange of possession take place in the assembly. If the intention is that they hand you Saudi riyals here and hand you in exchange money in their country of another currency, this is currency exchange and is not permissible except with an exchange of possession. But if the intention is that you exchange dollars for them or the currency of your country from here, you take Saudi riyals and give them in exchange the currency of the country they want, then you take the currency of that country after they receive it and transfer it to them, there is no harm in the transfer.
Source شرح بلوغ المرام من أدلة الأحكام [ صالح الفوزان ]، تابع باب صفة الصلاة - 5 — islamhouse.com (1:05:41)

The Arabic text is a machine transcription of the audio recording.

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