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FatwaFederal TerritoriesTransactions & Finance

AL-KAFI #34 : HUKUM JUAL BELI DINAR IRAQ

What is the ruling on buying and selling Iraqi dinar?

Short answer

Iraqi dinar may be bought and sold when treated as gold. As a currency it is no longer used today because of changes in time and government.

Federal TerritoriesOpinion (irsyad)

A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.

Authority
Federal Territories Mufti Office
Date
Status
Opinion (irsyad)
Series
Al-Kafi li al-Fatawi
Topic
Transactions & Finance

No evidence of gazettement in the source — this is not a gazetted fatwa.

Summary

Iraqi dinar may be bought and sold when treated as gold. As a currency it is no longer used today because of changes in time and government. If the transaction is a purchase of gold, it is subject to the conditions of equal value and immediate handover so that riba does not occur.

Written in our own words from the original fatwa — check the source before acting on it.

Sebagai emas, maka bolehlah dijual beli tetapi sebagai matawang, maka ianya tidak digunakan lagi pada masa kini kerana perubahan masa dan pemerintahan.

Excerpt from the original fatwa · Federal Territories

Read the full fatwa on the Federal Territories website (new tab)

How to cite

Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.

Federal Territories Mufti Office. “AL-KAFI #34 : HUKUM JUAL BELI DINAR IRAQ”, 12 May 2015. https://muftiwp.gov.my/ms/artikel/al-kafi-li-al-fatawi/1592-hukum-jal-beli-dinar-iraq. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ruling-buying-selling-iraqi-dinar/