Back to search
The question

Is it permissible to agree to waive the increase or decrease in the exchange of metal currency, whether before or after the exchange?

Share this answer

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

Prohibited contracts are not made permissible by mutual consent between the contracting parties, for the reason for the prohibition is not the lack of consent. Furthermore, most of what the Qur’an and Sunnah have forbidden in transactions aims at establishing justice and prohibiting injustice, such as consuming wealth unlawfully, usury (riba), gambling (maysir), gharar sales, and others.

The general reasons for the invalidity of sales are: the prohibition of the sold item itself, usury (riba), gharar (excessive uncertainty), and conditions that lead to one or a combination of these matters. Therefore, usury (riba) does not become permissible even if both parties consent.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
145532
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy