I am living in South Africa, where the US Dollar is approximately R12.00. The US dollar is considered as a strong currency and is accepted everywhere. However in South Africa, it is considered illegal to take out a foreign currency, accept with a VISA and ticket to a foreign destination. Assuming I want to perform Hajj in 2 years time. I do not know what the Riyal or Dollar will cost. Can I take out dollars on the black market and keep it until I have enough to go for Hajj? Barakallah Feek
Answer:
Islamically, you may buy any currency at any price agreed upon between buyer
and seller.
and Allah Ta’ala Knows Best
Mufti Muhammad Kadwa
FATWA DEPT.
CHECKED AND APPROVED CORRECT: Mufti Ebrahim Desai