Is trading foreign currencies permissible or forbidden if their source, whether legitimate or illegitimate, is unknown and cannot be verified?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Working in currency exchange is permissible if the regulations are observed to avoid usury (riba). As for trading in smuggled currencies, it is not permissible if it causes harm to the country and its people, due to the infliction of harm and cooperation in sin and aggression. One can inquire about how currencies enter from those who are knowledgeable in this matter.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/54303
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 54303
- 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