The Majlis Archive

Finance - Banking - Business The Majlis Vol 21 No 11, p.12

Is selling of old coins permissible?

Question

Is selling of old coins permissible?

Answer

Coin-selling is permissible It must be cash deals – hand to hand. If silver coins are sold for silver coins or gold for gold, the weight on both sides must be the same regardless of value. If sold for currency notes of any country, any amount may be exchanged, but the deal must be cash.

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Published in
The Majlis Vol 21 No 11
PDF page
12

Appears under Questions and Answers (approximate).

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