If the value of the currency changes, does the value of the debt change?
Machine translationRead the Arabic original
The questioner : Right now, O Shaykh, I borrowed one hundred thousand Iraqi dinars from a person. The Iraqi dinar was, of course, low in value. Now the Iraqi dinar has risen. So, does this mean that I will return to him one hundred thousand dinars, and my need is that I will be unable to pay this amount, or should I measure it by gold, for example?
The Shaykh : Yes, you measure it, but you must also keep in mind the reverse: when the Iraqi dinar was more valuable than the Jordanian dinar.
The questioner: Yes.
The Shaykh : So I borrowed one thousand Iraqi dinars at that time.
The questioner : Yes.
The Shaykh : Then it fell the well-known fall.
The questioner : Yes.
The Shaykh : So do I give him one thousand dinars, or do I give him the amount of gold that is equivalent to it at that time?
The questioner : The amount of gold that is equivalent to it at that time.
The Shaykh : This is the answer.
The questioner : May Allah bless you, O Shaykh.
Another questioner : May Allah reward you with good for the question.
Another questioner : ... We get in the car and ask you questions.
The Shaykh : No, there is no room for that.
The questioner : Shaykh, a question, Shaykh.
Another questioner : I wish, Shaykh, by Allah ... .
The Shaykh : ... .
The questioner : If the ... the people of the mosque gather, they do not pray, Shaykh.
The Shaykh : Yes, you measure it, but you must also keep in mind the reverse: when the Iraqi dinar was more valuable than the Jordanian dinar.
The questioner: Yes.
The Shaykh : So I borrowed one thousand Iraqi dinars at that time.
The questioner : Yes.
The Shaykh : Then it fell the well-known fall.
The questioner : Yes.
The Shaykh : So do I give him one thousand dinars, or do I give him the amount of gold that is equivalent to it at that time?
The questioner : The amount of gold that is equivalent to it at that time.
The Shaykh : This is the answer.
The questioner : May Allah bless you, O Shaykh.
Another questioner : May Allah reward you with good for the question.
Another questioner : ... We get in the car and ask you questions.
The Shaykh : No, there is no room for that.
The questioner : Shaykh, a question, Shaykh.
Another questioner : I wish, Shaykh, by Allah ... .
The Shaykh : ... .
The questioner : If the ... the people of the mosque gather, they do not pray, Shaykh.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.
