A man borrowed a sum in a specific currency, and when it came time to repay, the value of that currency had dropped. What is the method of repayment?
Machine translationRead the Arabic original
The Shaykh : When he received the debt, this dinar was worth ten riyals. Now it is five. Now he has to give him ten riyals for the single dinar!
The questioner : He had, for example, installments with some people. So now a decision was issued, for instance, by the government, which is the Iraqi government, to give people their money that was in Kuwaiti or Iraqi currency. He was giving people money in front of the Iraqis, so he would take the Iraqis' dues. Is there any harm if a person pays all his installments at once in Iraqi currency? To the Iraqi funds institution.
The Shaykh : To whom did he give it?
The questioner : To the House of Finance.
The Shaykh : To whom?
The questioner : To the Kuwaiti House of Finance.
The Shaykh : I do not know the House of Finance!
The questioner : The Islamic Bank, the Kuwaiti Islamic Bank. It is an Islamic bank.
The Shaykh : No problem, he pays it to the bank. In exchange for what?
The questioner : He has monthly installments due. He must pay these installments!
The Shaykh : Excellent!
The questioner : This is a debt with monthly installments.
The Shaykh : Good, this debt.
The questioner: Yes.
The Shaykh : Was it in Kuwaiti currency?
The questioner : It was in Kuwaiti currency.
The Shaykh : Was the one that was worth one Kuwaiti dinar worth two Jordanian dinars?!
The questioner: Yes.
The Shaykh : Okay, and now?
The questioner : Now the price is lower, of course!
The Shaykh : Yes, he gives it at the same lower value?!
The questioner : Yes.
The Shaykh : I seek refuge in Allah!
The questioner : Shaykh, he has thousands of dinars with them. They gave it to him in Iraqi currency!!
The Shaykh : My brother, whether it is thousands or a hundred, the important thing is as stated in the hadith that was narrated as marfu' and mawquf, and the correct view is that it is mawquf from Ibn Mas'ud:Jami` at-Tirmidhi 2007Hasan (Darussalam). So if Iraq acts badly and wrongs you, you do not wrong them!
The questioner : He mentioned a command, O Shaykh!
The Shaykh : Yes?
The questioner : I have money.
The Shaykh : Yes.
The questioner : They gave it to me for less than the value! The government ruled that I must give him Kuwaiti currency...
The Shaykh : The government, my brother, imposed this and wronged you. Go back to the previous hadith.
The questioner : He had, for example, installments with some people. So now a decision was issued, for instance, by the government, which is the Iraqi government, to give people their money that was in Kuwaiti or Iraqi currency. He was giving people money in front of the Iraqis, so he would take the Iraqis' dues. Is there any harm if a person pays all his installments at once in Iraqi currency? To the Iraqi funds institution.
The Shaykh : To whom did he give it?
The questioner : To the House of Finance.
The Shaykh : To whom?
The questioner : To the Kuwaiti House of Finance.
The Shaykh : I do not know the House of Finance!
The questioner : The Islamic Bank, the Kuwaiti Islamic Bank. It is an Islamic bank.
The Shaykh : No problem, he pays it to the bank. In exchange for what?
The questioner : He has monthly installments due. He must pay these installments!
The Shaykh : Excellent!
The questioner : This is a debt with monthly installments.
The Shaykh : Good, this debt.
The questioner: Yes.
The Shaykh : Was it in Kuwaiti currency?
The questioner : It was in Kuwaiti currency.
The Shaykh : Was the one that was worth one Kuwaiti dinar worth two Jordanian dinars?!
The questioner: Yes.
The Shaykh : Okay, and now?
The questioner : Now the price is lower, of course!
The Shaykh : Yes, he gives it at the same lower value?!
The questioner : Yes.
The Shaykh : I seek refuge in Allah!
The questioner : Shaykh, he has thousands of dinars with them. They gave it to him in Iraqi currency!!
The Shaykh : My brother, whether it is thousands or a hundred, the important thing is as stated in the hadith that was narrated as marfu' and mawquf, and the correct view is that it is mawquf from Ibn Mas'ud:
Do not be a people without a will of your own, saying: 'If people treat us well, we will treat them well; and if they do wrong, we will do wrong,' but accustom yourselves to do good if people do good, and do not behave unjustly if they do evil.
لا تكونوا إمَّعات تقولون : إن أحسَنَ الناس أحسنَّا ، وإن أساؤوا ظلمنا ، ولكن وطِّنوا أنفسكم إن أحسنوا أن تحسنوا ، وإن أساؤوا فلا تظلمواThe questioner : He mentioned a command, O Shaykh!
The Shaykh : Yes?
The questioner : I have money.
The Shaykh : Yes.
The questioner : They gave it to me for less than the value! The government ruled that I must give him Kuwaiti currency...
The Shaykh : The government, my brother, imposed this and wronged you. Go back to the previous hadith.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.