FatwaFederal TerritoriesTransactions & Finance
AL-KAFI#246 : TUNAIKAN BAUCAR SECARA BERTANGGUH
What is the ruling on exchanging a book voucher for cash on a deferred basis?
Short answer
In principle, exchanging a voucher for cash on a deferred basis does not lead to a ruling of prohibition.
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
In principle, exchanging a voucher for cash on a deferred basis does not lead to a ruling of prohibition. The wrong lies in using the voucher for purposes other than buying books. However, the 2016 1Malaysia Book Voucher (BB1M) guidelines treat converting the voucher into cash as an offence, and offenders may be blacklisted and denied access to future BB1M programmes.
Written in our own words from the original fatwa — check the source before acting on it.
Pada asalnya, menukarkan baucar dengan duit secara bertangguh tidak membawa kepada hukum haram. Sebaliknya, yang salah ialah menggunakannya bagi tujuan selain daripada buku.
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#246 : TUNAIKAN BAUCAR SECARA BERTANGGUH”, 12 April 2016. https://muftiwp.gov.my/ms/artikel/al-kafi-li-al-fatawi/1379-al-kafi-246-tunaikan-baucar-secara-bertangguh. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ruling-exchange-book-voucher-for-cash-deferred/