Is selling eighteen-karat gold for twenty-four-karat gold of the same weight considered riba (usury or interest)?
Machine translationRead the Arabic original
The questioner : ... O Shaykh, is it permissible to sell eighteen-karat gold for twenty-four-karat gold of the same weight ...?
The Shaykh : Yes, weight for weight.
The questioner : ... the karat ...?
The Shaykh : It does not matter, meaning this is better than that. This is why when Bilal came to the Prophet (peace and blessings be upon him) with good dates, he said: meaning he was surprised that the Prophet’s dates were not of this quality. He said: “O Messenger of Allah, I bought a sa’ (a dry measure of about 3 kg) of this for two sa’ (a dry measure of about 3 kg) so that the Prophet (peace and blessings be upon him) could eat”. See, this is good and this is bad. So the Prophet (peace and blessings be upon him) said: Sahih Muslim 1594a and he ordered it to be returned and said: He repeated it twice, Sahih al-Bukhari 2312, even though this was good and this was bad. Yes.
The questioner : Shaykh, in the hadith ... .
The Shaykh : Yes.
The Shaykh : Yes, weight for weight.
The questioner : ... the karat ...?
The Shaykh : It does not matter, meaning this is better than that. This is why when Bilal came to the Prophet (peace and blessings be upon him) with good dates, he said:
Where did this come from?
من أين هذا؟Woe! it is in fact usury; therefore, don't do that
أوّه، عين الربا، لا تفعل ردّوهThis is pure `riba`.
هذا عين الرباThis is definitely Riba (usury)! This is definitely Riba (Usury)!
عين الربا عين الرباThe questioner : Shaykh, in the hadith ... .
The Shaykh : Yes.