Permissibility of transferring money from one country to another in a different currency
Machine translationRead the Arabic original
His Eminence the Shaykh: One of the conditions of exchanging money is, for example, that some countries have imposed a mandatory transfer on their expatriate citizens. This requires the expatriate to transfer a sum of money to this country so that it can benefit from it; however, upon transfer, you are issued a certificate to spend it in that country while you are far away. This issue has been confusing for many people, so are we obligated to comply with this?The Shaykh: Do you mean you will pay Saudi riyals?The questioner: Yes.
The Shaykh: And you convert it in your country to local currency?The questioner: Yes.
The Shaykh: In a way that you cannot do anything other than this?The questioner: Yes.
The Shaykh: Is it that it is not possible except this way?The questioner: It is not possible except this way.
The Shaykh: Then this is a dire necessity and there is nothing wrong with it,Meaning: There is nothing wrong if you are forced to pay Saudi riyals here and convert them there to local currency, there is nothing wrong, [al-Tawbah:16] .
The Shaykh: And you convert it in your country to local currency?The questioner: Yes.
The Shaykh: In a way that you cannot do anything other than this?The questioner: Yes.
The Shaykh: Is it that it is not possible except this way?The questioner: It is not possible except this way.
The Shaykh: Then this is a dire necessity and there is nothing wrong with it,Meaning: There is nothing wrong if you are forced to pay Saudi riyals here and convert them there to local currency, there is nothing wrong,