The ruling on delaying the exchange of possession in currency exchange
Machine translationRead the Arabic original
The questioner:
And it is delivered on the condition that you do not separate while anything remains between you. It is to be at the price of the day, or on the condition that you do not separate while anything remains between you. Currency exchange requires the complete exchange of possession between the two items, such that they do not separate while anything remains owed by one to the other.
The Shaykh:
Yes.
The questioner:
And it was said to the Muslim that he should sit and guide them to it, or be satisfied, then it is placed or removed for a day, or delayed.
The Shaykh:
No, this is riba al-nasi'ah (usury of deferment), this is riba al-nasi'ah, it is not permissible, the exchange of possession in the meeting is mandatory,
And it is delivered on the condition that you do not separate while anything remains between you. It is to be at the price of the day, or on the condition that you do not separate while anything remains between you. Currency exchange requires the complete exchange of possession between the two items, such that they do not separate while anything remains owed by one to the other.
The Shaykh:
Yes.
The questioner:
And it was said to the Muslim that he should sit and guide them to it, or be satisfied, then it is placed or removed for a day, or delayed.
The Shaykh:
No, this is riba al-nasi'ah (usury of deferment), this is riba al-nasi'ah, it is not permissible, the exchange of possession in the meeting is mandatory,
Source
شرح بلوغ المرام من أدلة الأحكام [ صالح الفوزان ]، تابع باب شروطه وما نهي عنه منه - 2 — islamhouse.com (38:16)
The Arabic text is a machine transcription of the audio recording.
