Is it permissible to exchange currency outside the bank for the purpose of profit when purchasing goods for a customer?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The agent is not allowed to take the profit for himself; rather, it belongs to his principal, unless the principal voluntarily relinquishes it to him. This is because any increase gained by the agent reverts to his principal, just as any loss would fall upon him. This is based on the of Urwah al-Bariqi: The Prophet, peace and blessings be upon him, gave him a dinar to buy a sheep for him. So he bought two sheep, sold one of them for a dinar, and came to the Prophet with a dinar and a sheep. The Prophet then prayed for blessings upon him.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/143790
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 143790
- 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