The Ruling on Differing in Value Between Paper and Coin Currency
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Question:
A question regarding the exchange of paper money or paper currency for coin currency: Is it permissible to differ in value in this exchange?
Answer:
Avoiding the difference in value is more preferable and safer. It is safer for him to take ten for ten and one hundred for one hundred. Some scholars have permitted differing in value because the two are different: this is made of metal and this is made of paper. However, the safest course for the believer is to avoid that, because they are all riyals, all riyals, all one currency. So if he avoids the difference in value, it is safer.
A question regarding the exchange of paper money or paper currency for coin currency: Is it permissible to differ in value in this exchange?
Answer:
Avoiding the difference in value is more preferable and safer. It is safer for him to take ten for ten and one hundred for one hundred. Some scholars have permitted differing in value because the two are different: this is made of metal and this is made of paper. However, the safest course for the believer is to avoid that, because they are all riyals, all riyals, all one currency. So if he avoids the difference in value, it is safer.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.