Transactions & Dealings >> Business

Question # : 10988

India

Assalamualikum Mufti Sb., Mufti Sb., FYI, we are sending our salary money to India thru Currency exchange shop. Please note our usual sending process is, when indian currency value is high (i.e. we are getting RS. 500 to 1500 extra if the indian currency value will be high). Kindly confirm as per our Islamic sariyah it is lawful earning (i.e. Rs. 500 to 1500). Awaiting your earlier response.

Answer : 10988

Published on: Feb 19, 2009

بسم الله الرحمن الرحيم


(Fatwa: 364/311=D/1430)


 


As silver and gold can be dealt in with difference, in the same way a currency can be exchanged with another currency with difference. So, in cases when the currency rate is higher it is lawful to send it and get the extra amount.



Allah knows Best!


Darul Ifta,
Darul Uloom Deoband

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