What is the ruling on selling old gold for new gold?
Machine translationRead the Arabic original
Question:
We see that some people, when they wish to buy newly crafted gold and sell old crafted gold, give the shopkeeper their old gold and take new gold from the shopkeeper, and he gives them an extra amount, even though the shopkeeper is the one who assesses both types. We hope to point this out?
Answer:
We hope so. The warning has already been given. The warning has already been given that it is necessary to sell the new gold in a separate transaction, and the old gold in a separate transaction, and it is not permissible to sell this for that with an extra amount.
We see that some people, when they wish to buy newly crafted gold and sell old crafted gold, give the shopkeeper their old gold and take new gold from the shopkeeper, and he gives them an extra amount, even though the shopkeeper is the one who assesses both types. We hope to point this out?
Answer:
We hope so. The warning has already been given. The warning has already been given that it is necessary to sell the new gold in a separate transaction, and the old gold in a separate transaction, and it is not permissible to sell this for that with an extra amount.
Source
قناة «فضيلة الشيخ ابن باز Alsheikh Binbaz»، 109 ما حكم بيع الذهب القديم بالذهب الجديد؟ للإمام ابن باز — youtube.com
The Arabic text is a machine transcription of the audio recording.