Is it permissible to exchange gold or silver for paper currency with a difference in amount or a delay in payment?
Machine translationRead the Arabic original
Question:
If gold or silver is sold for paper currency, is it permissible to exchange them with a difference in amount or a delay in payment?
Answer:
No, the operative cause is that they are currency. Whether the currency is in the form of metals like gold and silver, or in the form of paper, because paper takes the place of gold and silver, it is a substitute for them, and a substitute takes the ruling of the thing it substitutes. Yes.
If gold or silver is sold for paper currency, is it permissible to exchange them with a difference in amount or a delay in payment?
Answer:
No, the operative cause is that they are currency. Whether the currency is in the form of metals like gold and silver, or in the form of paper, because paper takes the place of gold and silver, it is a substitute for them, and a substitute takes the ruling of the thing it substitutes. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، هل يجوز التفاضل والنسيئة إذا بِيع الذهب أو الفضة بالأوراق النقدية؟ للشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.