Conditions for converting paper currency into another currency
Machine translationRead the Arabic original
Question:
You are asking Your Eminence about the ruling on converting currency from one currency to another, such as the dinar for the dollar, or the like?
Answer:
There is no harm, but it must be hand-to-hand. If he wants to buy a dollar with a Saudi riyal, it must be hand-to-hand, or a British pound with another currency hand-to-hand, or a Jordanian, Iraqi, or Syrian dinar, or any other, buying it with another currency hand-to-hand; there is nothing wrong with that.
The presenter : May Allah reward you with good.
The Shaykh: Yes.
You are asking Your Eminence about the ruling on converting currency from one currency to another, such as the dinar for the dollar, or the like?
Answer:
There is no harm, but it must be hand-to-hand. If he wants to buy a dollar with a Saudi riyal, it must be hand-to-hand, or a British pound with another currency hand-to-hand, or a Jordanian, Iraqi, or Syrian dinar, or any other, buying it with another currency hand-to-hand; there is nothing wrong with that.
The presenter : May Allah reward you with good.
The Shaykh: Yes.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.