The ruling on selling metal riyals for paper riyals in unequal amounts
Machine translationRead the Arabic original
Question:
The Shaykh’s question: What is the ruling on trading in currency, meaning what some people do of selling nine metal riyals for ten paper riyals, and is it permissible to deal with them when there is a need?
Answer:
It is not permissible to sell Saudi riyals for other Saudi riyals in unequal amounts, because the currency is one and the mint is one, and this is one type. Since every Saudi riyal is of the same type, it is not permissible to sell some of it for some of it in unequal amounts.
The Shaykh’s question: What is the ruling on trading in currency, meaning what some people do of selling nine metal riyals for ten paper riyals, and is it permissible to deal with them when there is a need?
Answer:
It is not permissible to sell Saudi riyals for other Saudi riyals in unequal amounts, because the currency is one and the mint is one, and this is one type. Since every Saudi riyal is of the same type, it is not permissible to sell some of it for some of it in unequal amounts.
Source
شرح بلوغ المرام من أدلة الأحكام [ صالح الفوزان ]، تتمة باب سجود السهو وغيره — islamhouse.com (1:02:31)
The Arabic text is a machine transcription of the audio recording.