What is the correct and cautionary method for converting money from the currency of the original country to the dollar and then to the currency of the country of residence, and is it permissible to convert through the bank, knowing that the money is received in cash through a third party?
The correct method for converting money from one currency to another requires immediate exchange (qabḍ) without delay. This exchange can be physical (ḥissī) or constructive (ḥukmī). If this condition is met, there is no objection.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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