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The question

Is the profit resulting from paying tuition fees in local currency, then receiving 75% of the amount in US dollars from an international organization and selling it on the black market—exploiting the exchange rate difference and violating local law—considered lawful gain?

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

The questioner is advised to avoid this action because:

1. The organization does not grant him absolute ownership of the amount; rather, it is in exchange for a percentage of educational expenses, and he may be required to return any excess. 2. It is considered a violation of local law and exposes its perpetrator to severe penalties. It also involves self-abasement, which is forbidden by Islamic law, as the Prophet (peace be upon him) said: "It is not befitting for a believer to humiliate himself" and "There should be no harm nor reciprocating harm." 3. The legal prohibition of this act may be to avert a mischief or to observe a public interest, and adherence to it is necessary because the Imam's action is tied to the public interest.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
169056
Imported
Translation status
Source text, unreviewed
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