Is it permissible to pay off a debt in a different currency?
Machine translationRead the Arabic original
Question:
A man has a debt in Egyptian currency; is it permissible to pay it off in a non-Egyptian currency?
Answer:
Yes, if they agree to it, there is nothing wrong with it. The Prophet (peace and blessings be upon him) was asked: “O Messenger of Allah, we sell for dirhams and take dinars, and we sell for dinars and take dirhams.” He said:Sunan Abi Dawud 3354Da'if (Al-Albani) So if he sells in Egyptian currency and then takes its equivalent in Saudi currency or any other currency, hand to hand, immediately in the meeting, there is nothing wrong with the receipt, meaning they exchange it in the meeting.
A man has a debt in Egyptian currency; is it permissible to pay it off in a non-Egyptian currency?
Answer:
Yes, if they agree to it, there is nothing wrong with it. The Prophet (peace and blessings be upon him) was asked: “O Messenger of Allah, we sell for dirhams and take dinars, and we sell for dinars and take dirhams.” He said:
There is no harm in taking them at the current rate so long as you do not separate leaving something to be settled.
لا بأس أن تأخذها بسعر يومها حتى تفترقا وبينكما شيء
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.