Question
I have a large sum of dollars made up of $1, $5 and $10 bills. Someone is willing to exchange these with $100 bills, but he wants a premium. Is it permissible?
Answer
The premium you are charged is haraam. It is riba.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 23 No 08
- PDF page
- 4
Appears under Questions and Answers (approximate).