Is exchanging foreign currency for hotel guests into Qatari Riyals considered permissible (halal) or impermissible (haram) personal wealth?
Source: FtawySummary from Ftawy's records · added here 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).
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/155512
Where this answer came from
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- Ftawy
- Original fatwa ID
- 155512
- 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