Exchanging old notes for new notes with a profit

Answered according to Hanafi Fiqh by

Q: I want India rupees 10000 rs bank fresh new notes bundle of 100 rs denomination for which the agent is asking for 10 rs extra, so is it permissible?


A: If it is buying and selling the same notes then any extra on any side is impermissible.

And Allah Ta’ala (الله تعالى) knows best.


Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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