FatwaFederal TerritoriesTransactions & Finance
HUKUM JUAL DUIT
Is selling a RM10 banknote for RM50 because of its unique serial number or because it is an old note considered riba?
Short answer
The fatwa states that the extra RM40 falls under riba. The ruling is based on the face value assigned to the currency.
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
The fatwa states that the extra RM40 falls under riba. The ruling is based on the face value assigned to the currency. Therefore, charging more than that stated value is not permitted, even if the note has a special feature.
Written in our own words from the original fatwa — check the source before acting on it.
Ya, RM 40 itu akan jatuh riba kerana ia berdasarkan kepada apa yang dipernilaikan.
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. “HUKUM JUAL DUIT”, 23 June 2015. https://muftiwp.gov.my/ms/artikel/al-kafi-li-al-fatawi/1611-hukum-jual-duit. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ruling-selling-money-above-face-value-riba/