What is the ruling on exchanging ten riyals for nine of iron?

The questioner : O Shaykh, what is the ruling on exchanging, I mean, nine or ten riyals for nine metal coins? Does this fall under the category of riba?

The Shaykh : Exchanging ten riyals for nine riyals of iron is permissible, but on the condition that the exchange takes place before the parties separate, because this falls under the general scope of the hadith . Also, the valuation of this paper at ten riyals is by the government, not an intrinsic valuation. If the government had not valued this paper at these coins, it would be worth nothing. In any case, the answer is that it is permissible on the condition that the exchange takes place before the parties separate, and there is no riba in it. Yes. Yes, after that, please go ahead.