What is the ruling on offering a product to a customer in US dollars, then purchasing it in British pounds to benefit from the difference in exchange rates without the customer's knowledge?
The fact that the middleman or broker offers the commodity at a dollar price and buys it with the less valuable sterling pound, keeping the difference for himself without the customers' knowledge, contradicts trustworthiness and is considered forbidden deception and fraud.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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