Question
Is it permissible to sell one currency for another currency at a profit?
Answer
Currency may be sold at a profit at any time regardless of what one has paid. However, the condition for the permissibility of the sale is that the parties must tender their currencies at the same session. Credit is not permissible in this type of sale.
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- Source
- themajlis.co.za
- Published in
- The Majlis Vol 24 No 03
- PDF page
- 2
Verbatim verified against the source PDF
Appears under UNIVERSITIES. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.