What is the ruling on a person taking dollars from another to exchange them for a different currency from a third party, at a price lower than the actual exchange rate of the dollars?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The agent who exchanges dollars for another currency, and the exchange rate increases beyond what the owner of the money specified, then the difference in price belongs to the principal, the owner of the dollars, unless the principal agrees to leave it for the agent.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/188261
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 188261
- 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