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?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
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.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/72952
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.
- Read the full ruling
- Read the full answer on Ftawy