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The question

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?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

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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Where this answer came from
Source platform
Ftawy
Original fatwa ID
184906
Imported
Translation status
Source text, unreviewed
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