Two years ago my father was in India and asked a friend in saudi for a loan of 1,000,00 rs , so my father’s friend sent him 6,666 riyals accrding to the currency rate. Now the freind is asking the money back in Saudi riyals ,when my father us ready to pay in Indian rupees and the currency rate has changed, what should he do.
In Islamic Economy
Sep 4th, 2015
He must return it in the same currency he borrowed it in! If he borrowed it in Riyals, it must be returned in riyals.