What is the ruling on buying one currency with another at a price higher than its value in the exchange market, such as someone selling $100 at the market price and the buyer receiving an additional $100, or buying $100 and paying half its market value?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
What matters for the validity of the exchange is not conformity to the market price, but rather the fulfillment of the condition for a valid exchange, which is taking possession (of both exchanged items) in the session of the contract.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 184906
- Imported
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