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The question

Is it permissible to annul a sale in which half the price was paid in Syrian Pounds and the other half in US Dollars, and to return the full amount paid in Syrian Pounds, despite the difference in exchange rates?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

If the sale is rescinded, the price must be returned in the currency in which the sale was contracted, for the rescission applies to what the contract applies to. However, if the currency's value decreases by one-third or more, the principle is to revert to the value, or to reconcile and share the damage between the two parties. This means considering the currency's value at the time of the contract and what it is worth now, with both parties bearing the difference together. Then, the amount is returned in a different currency to avoid falling into usury.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
16500
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy