To accept the money from the borrower


357

Q 1: I am an Egyptian and I lent another Egyptian friend a sum of 700 USD when we were spending our vacation in Egypt. After we returned, he sent me a sum of 2800 Riyals which is greater than the borrowed sum of 700 USD by around 170 Riyals. He argues that the exchange rate of the Dollar in Egyptian Pounds on the day he borrowed and exchanged the money equals 2850 Riyals, and that the value of the dollar (Part No. 14; Page No. 160) has fallen since then. What is the islamic ruling on this matter? Please advise me. May Allah reward you.


A: It is permissible for you to accept the mentioned sum. This would be considered a generous repayment of the debt. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.




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