Repaying a loan in a different currency stipulated by the lender
Machine translationRead the Arabic original
The questioner:
He says: Shaykh, I borrowed a sum of money from a person, and he stipulated that I repay this amount in a different currency.
The Shaykh:
Yes.
The questioner:
He says: It is approaching.
The Shaykh:
It is not changed. A loan is not changed; it is repaid in its original form. Yes. A loan is paying a sum of money to someone who benefits from it, and it is repaid with its equivalent. If he gave you its exchange value, such as giving you gold instead of silver, or the reverse, this is currency exchange, and there is no harm in it. Yes.
The presenter:
May Allah reward you,
He says: Shaykh, I borrowed a sum of money from a person, and he stipulated that I repay this amount in a different currency.
The Shaykh:
Yes.
The questioner:
He says: It is approaching.
The Shaykh:
It is not changed. A loan is not changed; it is repaid in its original form. Yes. A loan is paying a sum of money to someone who benefits from it, and it is repaid with its equivalent. If he gave you its exchange value, such as giving you gold instead of silver, or the reverse, this is currency exchange, and there is no harm in it. Yes.
The presenter:
May Allah reward you,
Source
قناة «مكة و المدينة»، 23 / فتاوى على الهواء - 17 07 1436هـ _ الشيخ صالح الفوزان — youtube.com (30:21)
The Arabic text is a machine transcription of the audio recording.