A question regarding a sale that involves currency exchange.
Machine translationRead the Arabic original
The questioner : ... .
The Shaykh : If the need is that he sells it to you at its price, without making an extra profit that is subject to exchange, there is nothing wrong with it.
The questioner : ... this same price.
The Shaykh : Yes, there is nothing wrong with it, and this is better than currency exchange. He might give you money—for example, coins for a 100-coin paper note—and deduct from it, giving you 99; this is open riba (usury or interest). So if he conditions that he will sell you something at the price at which people who want to exchange or do not want to exchange buy it, there is nothing wrong with it.
The questioner : There is nothing wrong with it. But his profit was not necessary... let us say, for example, his profit is half a riyal... is this increase over the currency exchange considered an increase?!
The Shaykh : This is the profit of the exchange.
The questioner : ... .
The Shaykh : What is his profit?
The questioner : ... .
The Shaykh : That is it, you did not give me the answer!
The Shaykh : If the need is that he sells it to you at its price, without making an extra profit that is subject to exchange, there is nothing wrong with it.
The questioner : ... this same price.
The Shaykh : Yes, there is nothing wrong with it, and this is better than currency exchange. He might give you money—for example, coins for a 100-coin paper note—and deduct from it, giving you 99; this is open riba (usury or interest). So if he conditions that he will sell you something at the price at which people who want to exchange or do not want to exchange buy it, there is nothing wrong with it.
The questioner : There is nothing wrong with it. But his profit was not necessary... let us say, for example, his profit is half a riyal... is this increase over the currency exchange considered an increase?!
The Shaykh : This is the profit of the exchange.
The questioner : ... .
The Shaykh : What is his profit?
The questioner : ... .
The Shaykh : That is it, you did not give me the answer!
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.