{"id":613,"date":"2024-05-06T00:17:39","date_gmt":"2024-05-05T22:17:39","guid":{"rendered":"https:\/\/islamicsolutions.org\/?p=613"},"modified":"2024-05-06T00:18:20","modified_gmt":"2024-05-05T22:18:20","slug":"loan","status":"publish","type":"post","link":"https:\/\/islamicsolutions.org\/2024\/05\/loan\/","title":{"rendered":"Loan"},"content":{"rendered":"\n

Shortened Question:<\/strong><\/p>\n\n\n\n

Should loan be repaid at original conversion rate of exchange or at current conversion rate of exchange?<\/p>\n\n\n\n

Question:<\/strong><\/p>\n\n\n\n

Assalamu alaikum, I need to check for Loan issue which I took 19 years back, now I am able to return, but need to check. I took money in dinar in 2004 now I want return in Indian rupees. So my question is should I return same conversion of 2004 or I have to convert as per current conversion 2023? Please advise..<\/p>\n\n\n\n

JazakAllah Khair.<\/p>\n\n\n\n

Answer:<\/strong><\/p>\n\n\n\n

In the Name of Allah, the Most Gracious, the Most Merciful.<\/strong><\/p>\n\n\n\n

As-sal\u0101mu \u2018alaykum wa-rahmatull\u0101hi wa-barak\u0101tuh.<\/strong><\/p>\n\n\n\n

The value of the loan should be converted using the current exchange rate.<\/p>\n\n\n\n

And Allah Ta\u2019\u0101la Knows Best,                                        <\/strong><\/p>\n\n\n\n

Mufti Saeed Ahmed Golaub.<\/strong><\/p>\n\n\n\n

Islamicsolutions.org<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Shortened Question: Should loan be repaid at original conversion rate of exchange or at current conversion rate of exchange? Question:…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,28,29],"tags":[],"_links":{"self":[{"href":"https:\/\/islamicsolutions.org\/wp-json\/wp\/v2\/posts\/613"}],"collection":[{"href":"https:\/\/islamicsolutions.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/islamicsolutions.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/islamicsolutions.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/islamicsolutions.org\/wp-json\/wp\/v2\/comments?post=613"}],"version-history":[{"count":1,"href":"https:\/\/islamicsolutions.org\/wp-json\/wp\/v2\/posts\/613\/revisions"}],"predecessor-version":[{"id":614,"href":"https:\/\/islamicsolutions.org\/wp-json\/wp\/v2\/posts\/613\/revisions\/614"}],"wp:attachment":[{"href":"https:\/\/islamicsolutions.org\/wp-json\/wp\/v2\/media?parent=613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/islamicsolutions.org\/wp-json\/wp\/v2\/categories?post=613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/islamicsolutions.org\/wp-json\/wp\/v2\/tags?post=613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}