Hundi transfer halaal or haraam
Mu' meneen Brothers
and Sisters,
As Salaam Aleikum wa
Rahmatullahi wa Barakatuh. (May Allah's Peace, Mercy and Blessings be
upon all of you)
One of our
brothers/sisters has asked this question:
Assalam Dear Brother Burhan.
One of my friends is doing the business of Hundi, if you know
about it, he transfers money of different poeple from Saudi Arabia to India,
without any transaction through Bank.
Please shed some light on this matter, is this halaah or
haram???.
May Allah give you more strength to guide us all.
Assalam alaikum.
(There may be some
grammatical and spelling errors in the above statement. The forum does not
change anything from questions, comments and statements received from our
readers for circulation in confidentiality.)
Answer:
Hundi transfer halaal or haraam
In the name of Allah, We praise Him, seek His help and
ask for His forgiveness. Whoever Allah guides none can misguide, and
whoever He allows to fall astray, none can guide them aright. We bear witness
that there is no one (no idol, no person,
no grave, no prophet, no
imam, no dai, nobody!) worthy of worship but Allah Alone, and we bear witness
that Muhammad(saws) is His slave-servant and the seal of His Messengers.
‘Hundi’ or the transfer of money
from one currency to another without the interaction of a bank is not a matter
of Shariah, or haraam and halaal; but rather it is a thing which pertains to
the laws of the country where one resides.
If one lives in a country where it is not illegal to freely exchange,
send and receive foreign currency,
there is absolutely no harm in dong so. But if one lives in a country where it is illegal to freely
exchange, send or receive foreign currency except through the channels allowed
by their government, then it would not
behove a believer to break the laws of the country which do not conflict with
the laws of Allah Subhanah.
In principle, the transfer or exchange of money from one
currency to another is absolutely legal in Islam; whether done through an institution or through an
individual.
Whatever written of Truth and
benefit is only due to Allah’s Assistance and Guidance, and whatever of error
is of me. Allah Alone Knows Best and He
is the Only Source of Strength.
Your Brother in
Islam,
Burhan