Is exchanging foreign currency for hotel guests into Qatari Riyals considered permissible (halal) or impermissible (haram) personal wealth?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The basic principle is the permissibility of trading currencies and profiting from the differences in their exchange rates, provided that the -compliant rules of currency exchange are observed. The most important of these is the occurrence of qabd (possession/handing over) in the contract session, based on the Prophet's (peace be upon him) saying: "If these types [of commodities] differ, then sell as you wish, provided it is hand-to-hand." However, the employer's permission is necessary because the employee's benefit is owned by the employer, as the employee is a private ajeer (hired person).
Summarized from the full answer at Ftawy · imported
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- 155512
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