Selling Gold in Exchange of Gold

By |2023-02-07T18:22:28+00:00July 27th, 2020|Fatwas, Gold & Silver|

Can you exchange old gold with new gold? Ibn Abdi Bar reports that there is a scholarly consensus on the fact that gold can only be exchange with gold, if the amount is equal to equal and the gold is exchanged hand in hand. For example: A gives 100 grams of old gold to B [...]