What is the ruling of Islamic law regarding a debt that was in US dollars, then converted to Syrian Pounds, and upon repayment the creditor demands its return in dollars, while the debtor believes he is obligated to repay it in Syrian Pounds given the appreciation of the dollar?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Your father must repay your uncle the amount in dollars, as long as he borrowed it in dollars, and it does not matter if his need was for Syrian currency. A borrower repays in kind for fungible items, whether their price decreases or increases. And it is from the goodness of repayment that your father returns the amount he received without reduction, for "the best among people are those who are best in paying off debts." Moreover, the principle in repaying debts fixed in a certain currency is by restitution in kind, not by value.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/116348
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 116348
- 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