Withdrawing money from an ATM in a different currency
Machine translationRead the Arabic original
The questioner:
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on withdrawing money via an ATM if it is from another country and in a different currency?
The Shaykh:
If the money is present in the ATM. But how does he exchange it? How does he withdraw it? Does he have a right in the bank?
The questioner:
We proceed.
The Shaykh:
Balance, meaning he withdraws from it.
The questioner:
If it is in your balance.
The Shaykh:
He has a balance from which he withdraws.
The questioner:
He is given the choice between the riyal or the dollar.
The Shaykh:
He does not withdraw from his balance in a currency different from his balance; rather, if he withdraws in a currency different from his balance, this constitutes currency exchange. Yes.
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on withdrawing money via an ATM if it is from another country and in a different currency?
The Shaykh:
If the money is present in the ATM. But how does he exchange it? How does he withdraw it? Does he have a right in the bank?
The questioner:
We proceed.
The Shaykh:
Balance, meaning he withdraws from it.
The questioner:
If it is in your balance.
The Shaykh:
He has a balance from which he withdraws.
The questioner:
He is given the choice between the riyal or the dollar.
The Shaykh:
He does not withdraw from his balance in a currency different from his balance; rather, if he withdraws in a currency different from his balance, this constitutes currency exchange. Yes.
Source
شرح أخصر المختصرات في الفقه، فصل: وكل ما جاز بيعه جاز رهنه — islamhouse.com (1:03:12)
The Arabic text is a machine transcription of the audio recording.