Tag Archives: Money Trading

Ruling of Ancient Money Trading

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Ruling of Ancient Money Trading

Question:

Assalamu’alaikum. I’d like to ask about what is the ruling of ancient money/currency trading? For example, for IDR 1,- of the ancient money, the buyer should pay the price of IDR 15.000,-. Is it considered as usury? Since recently, there were many dowries that were paid using the nominal unit of rupiah, such as IDR 14,-. Please explain it to us, may Allah reward you with plenty of goodnesses.

From: Muttaqin

Answer:

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