Islamic Fiqh > Financial transactions > Riba: its types and effects > Riba on currencies and its cases
Contents
Updated on 06 October 2026 at 10:50 PM
This second part of the chapter on riba and exchange (sarf) gathers the rulings of the jurists on token money (fulus), selling the good for the inferior, the effect of craftsmanship on gold and silver, the legal measure of ribawi assets, riba in the land of war, the practice known as "waive and hasten", the famous question of the "mudd of 'ajwa", and the effect of riba on the validity of contracts. The positions of the four schools are reported with their Quranic and prophetic proofs, their exact figures and their classical references.