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The question

Is it permissible to exchange ten paper dirhams for nine metal dirhams, and is that considered usury (riba)?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

Paper currencies are treated like gold and silver; they are a price and value for things, and the same rules that apply to gold and silver apply to them. The currency of each country is considered a single type, so it is not permissible to trade them unequally, such as selling ten units for nine, as this falls under riba al-fadl (usury of excess).

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
30802
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.
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Read the full answer on Ftawy