Borrowing At More Than The Exchange Rate

Authors

Dr. Firas Majeed Abdullah, Assistant Professor
Teaching at the College of Islamic Sciences, University of Anbar, Iraq.

Abstract

Praise be to God, Lord of the worlds, and may blessings and peace be upon the best messengers, our Master, Muhammad, may God bless him and grant him peace, and upon his family and companions as a whole. As for … Jurists, in the past and present, were concerned with sales, and gave it importance, because of its special provisions and multiple methods, Among its branches is the term (exchange), so they devoted a chapter to it, Because of its different provisions from other sales, Show its pillars, conditions and provisions related to it, and copies of its permissibility and lack thereof. The reason for discussing this issue has become clear, which is the large number of formulas and modalities of sales that have spread in our markets today, among them they are included under the section of exchange, Some people today are getting money by any means and excuse.