What is the ruling on purchasing foreign currency before the time for paying the price of the imported goods arrives, in anticipation of expected harm?
Machine translationRead the Arabic original
The questioner : ... For example, suppose I sold goods to Zuhair on credit, and I need to import them for him. Their value today in Jordanian currency is ten thousand. I want to ensure that the price remains the same because I have calculated my account... So I went and bought this currency and kept it with me, so that when the payment becomes due in a few months, I will have neither lost nor gained. I calculated my account knowing its value today. This is not trading, even though I bought it in advance...
The Shaykh : Here, the situation is completely different from the scenarios we were discussing... On the contrary, this is a precaution to avoid falling into a problem that violates the Shari'ah.
The Shaykh : Here, the situation is completely different from the scenarios we were discussing... On the contrary, this is a precaution to avoid falling into a problem that violates the Shari'ah.
