Taking commission for currency exchange


503

Q 3: Is it permissible to take commission for currency exchange?


A: Yes, it is permissible. (Part No. 13; Page No. 455)  May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.


5005 Saving dollars feari...
5003 Exchanging the local...


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Buying coin riyals for paper riyals with increase

Payment of the price
Currency trade

Payment of the price
Deferred currency trade

Payment of the price
Riba in banknotes

Payment of the price
Exchanging Saudi coins for foreign paper money

Payment of the price

Buying and selling currencies

Payment of the price

Buying a commodity with a currency and receiving the change in another currency

Payment of the price

Buying currency at the rate of delivery date

Payment of the price