Is it permissible to exchange ten paper dirhams for nine metal dirhams, and is that considered usury (riba)?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
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.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/30802
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.
- Read the full ruling
- Read the full answer on Ftawy