Is it permissible to rely on what Al-Jaziri mentioned in the book "Al-Fiqh according to the Four Schools of Thought" regarding the permissibility of buying gold and silver with money? And is the ruling concerning non-Muslim lands the same as that for Muslim lands in matters of transactions? And what is the ruling if we adopt the view of the Zahiris in not taking qiyas (analogical deduction)? And what is the difference between non-Muslim lands and Dar al-Harb (House of War) according to the Hanafis?
The current state of money differs from what it was previously. Therefore, the sayings of old jurists regarding it should not be taken without considering the change in its status. Instead, reliance should be placed on what contemporary scholars have decided, as they have examined the current situation and based their opinions on the texts of Islamic law and its general principles. The ruling regarding the prohibition of usury is the same in both non-Muslim and Muslim lands. It is not permissible to adopt the view of those who consider it lawful with a non-covenanted non-Muslim in their lands, for the verses and hadiths are general in their prohibition of usury. This is the stance of the majority of scholars, ancient and modern, and the opinion of those who do not accept analogical reasoning is not to be adopted.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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