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: FtawySummary from Ftawy's records · added here 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.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/47574
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 47574
- 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