Sayyed Mohammad Al-Musawi's response to Is it allowed to buy dollars at a lower price and then sell at a higher price later when the exchange rate changes?

Is it allowed to buy dollars at a lower price and then sell at a higher price later when the exchange rate changes?

Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 5 years ago

Buying and selling currencies is permissible as far as you do not harm the general public..

Wassalam.

Cookie Preferences