{"id":13230,"date":"2020-02-18T16:45:17","date_gmt":"2020-02-18T16:45:17","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/?p=13230"},"modified":"2020-02-18T22:19:49","modified_gmt":"2020-02-18T22:19:49","slug":"paper-currency-has-no-intrinsic-value-is-it-halal","status":"publish","type":"post","link":"http:\/\/daruliftabirmingham.co.uk\/home\/paper-currency-has-no-intrinsic-value-is-it-halal\/","title":{"rendered":"Paper Currency has no intrinsic value. Is it halal?"},"content":{"rendered":"

\n\tFatwa ID: 03275<\/strong><\/span><\/span>\n<\/p>\n

\n\tAnswered by: Maulana Jamal Ahmed\u200b<\/strong><\/span><\/span>\n<\/p>\n

\n\tQuestion<\/u><\/strong><\/span><\/span>\n<\/p>\n

\n\tAssalamualaikum<\/span><\/span>\n<\/p>\n

\n\tPaper Currency has no intrinsic value. Is it halal?<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\t \n<\/p>\n

\n\t\u0628\u0650\u0633\u0652\u0645\u0650 \u0627\u0644\u0644\u0647\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0652\u0645\u0646\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0650\u064a\u0652\u0645<\/span><\/span>\n<\/p>\n

\n\tIn the name of Allah, the Most Gracious, the Most Merciful<\/u><\/strong> <\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tAnswer:<\/u><\/strong><\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tMufti Taqi Uthmani, after discussing the different opinions, prefers the opinion that paper currency has become customary money (thaman urfi). Fiqhi Maqalat, vol. 1,  pg. 15,  Mayman Islamic publishers.  <\/span><\/span>\n<\/p>\n

\n\tThis means that it has value based on the custom of the people which is valid in Islam although it does not have intrinsic value. Therefore, paper currency<\/a> will be halal and will be treated as real money.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tOnly Allah knows best.<\/span><\/span>\n<\/p>\n

\n\tWritten by Maulana Jamal Ahmed<\/span><\/span>\n<\/p>\n

\n\tChecked and approved by Mufti Mohammed Tosir Miah<\/span><\/span>\n<\/p>\n

\n\tDarul Ifta Birmingham<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Fatwa ID: 03275 Answered by: Maulana Jamal Ahmed\u200b Question Assalamualaikum Paper Currency has no intrinsic value. Is it halal?     \u0628\u0650\u0633\u0652\u0645\u0650 \u0627\u0644\u0644\u0647\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0652\u0645\u0646\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0650\u064a\u0652\u0645 In…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/13230"}],"collection":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=13230"}],"version-history":[{"count":2,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/13230\/revisions"}],"predecessor-version":[{"id":13236,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/13230\/revisions\/13236"}],"wp:attachment":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=13230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=13230"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=13230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}