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A man bought goods with alloyed Dirham/Dinar. The people then stopped using those coins before the seller took possession of them. What is the ruling? PDF Print E-mail
Kitabul Buyu' [Book of Transactions] - Bay'us Sarf [Currency dealings]

Question 856) - A man bought goods with alloyed Dirham/Dinar. The people then stopped using those coins before the seller took possession of them. What is the ruling?

A: According to Imaam Abu Hanifa RAH. the transaction is void. According to Imaam Abu Yusuf RAH. the buyer must pay the price which was prevalent on the day of the sale. According to Imaam Muhammed RAH. he must pay the price of the last day the old coins were still used by the people.

~ al-Quduri ~