Buying and Selling Currency

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Mufti Saheb


Euro Currency is cheap in Dubai and a little expensive in Frankfort or Amsterdam, I buy 5 cents cheaper in Dubai and sale it 5 cents more in Amsterdam. Also there is a chance for loss as well if the rate goes down. Also at Amsterdam airport they never ask me how much money do u have? but if they ask I will tell them I have 500$ in my pocket. I hide the 100000 Euro in my shoes. At Dubai airport they see my currency and ask for the original recite, Which I show them and they have no problem. I am not sure about the Amsterdam Rules in carrying currency. I make a 1000$ profit in one trip. Is it HALAL or NOT? Please reply May Allah Tala give you Reward ameen

It is permissible to sell the Euro currency and earn a profit.

You should enquire about the Amsterdam rules of carrying currency and abide by that.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai.

Article taken (with Thanks) from


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This page was last updated on June 14, 2003 .