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Text and translation
English translation
3354. It was narrated from Hammād, from Simāk bin Harb, from Sa'eed bin Jubair, from Ibn 'Umar, who said: "I used to sell camels at Al-Baqī'; I would price them in Dinars but accept Dirham, or I would price them in Dirham but accept Dinars, so I would accept this instead of that and I would pay this instead of that. I came to the Messenger of Allāh ﷺ when he was in Ḥafṣah's house and said: 'O Messenger of Allāh, do you have a moment? I want to ask you: I sell camels in Al-Baqī'; I price them in Dinars but accept Dirham, or I price them in Dirham but accept Dinars, so I accept this instead of that and I pay this instead of that.' The Messenger of Allāh ﷺ said: 'There is nothing wrong with taking it based on the price that day, so long as you do not separate with something still outstanding.'" (Hasan)
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Commentary
This proves that exchanging different currencies at different rates is permissible provided that the rates were those prevalent in the market on that day and the deal is carried out from hand to hand.
