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The question

How can the process of taqabud (mutual possession/seizing) be carried out in a gathering with the money changer, knowing that the money changer does not transfer directly from our country, and he has a client in Dubai who transfers the amount to my account from a bank in Dubai, and the money changer does not know exactly when the transfer will be made?

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

For the exchange to be permissible, it is a condition to take possession of both counter-values. This possession can be tangible (physical) or constructive (legal). Examples of constructive possession include: bank credit by one party depositing money directly into the other party's account or via bank transfer, and the delivery of a certified check. If tangible or constructive possession is established, along with the regulations for currency exchange via telephone, then the exchange is valid; otherwise, it is not.

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
72952
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