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The question

What is the ruling on buying and selling currency online through the mentioned websites?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Immediate possession is a condition when selling gold for gold or silver for silver, even if the types differ, based on the Prophet's (peace be upon him) saying: "Do not sell gold for gold, nor silver for silver, except like for like, and do not prefer one over the other. And do not sell something absent thereof for something present except hand to hand." So, if possession occurs by the amount entering the buyer's account in the same session, there is no harm.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
58476
Imported
Translation status
Source text, unreviewed
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