What is the ruling on buying a currency that is falling in a certain country and storing it to sell it later at a high price, knowing that it may collapse?
Machine translationRead the Arabic original
The Shaykh : Praise be to Allah, I am well.
The questioner : May Allah preserve you, my sir.
The Shaykh : May Allah preserve you.
The questioner : The light of the north is speaking with you!
The Shaykh : Welcome.
The questioner : Sir, do I have a few questions, if possible?
The Shaykh: Go ahead.
The questioner : I want to ask you first about currency trading?
The Shaykh : Yes.
The questioner : Those who hide money for the Iraqi dinar and such?
The Shaykh : It is not permissible.
The questioner : What is its ruling, sir?
The Shaykh : It is not permissible; this is gambling.
The questioner : So it is forbidden?
The Shaykh: Yes.
The questioner : May Allah preserve you, my sir.
The Shaykh : May Allah preserve you.
The questioner : The light of the north is speaking with you!
The Shaykh : Welcome.
The questioner : Sir, do I have a few questions, if possible?
The Shaykh: Go ahead.
The questioner : I want to ask you first about currency trading?
The Shaykh : Yes.
The questioner : Those who hide money for the Iraqi dinar and such?
The Shaykh : It is not permissible.
The questioner : What is its ruling, sir?
The Shaykh : It is not permissible; this is gambling.
The questioner : So it is forbidden?
The Shaykh: Yes.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.