What is the ruling of the Sharia on saving foreign currency—even a small amount—until its price rises against the Egyptian pound; does this fall under the category of usury (riba) or monopolization (ihtikar)?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
There is no harm in saving currency for its increase in value, because it is not considered hoarding, nor does it involve usury (riba). Usury occurs if this currency is sold for another at a later date.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/47574
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- 47574
- Imported
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