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Sharʿi Ruling on Gold-for-Gold Exchange

Author: Dr. Muhammad Ziya-ur-Rahman Azmi رحمه الله
◈ Trading One Gold Item for Another – Islamic Legal Perspective ◈


❖ The Question:​


Is it permissible to exchange one gold item for another?
For example: I take my friend’s gold ring and give him another gold ring in return, and both of us know the market value of the rings.

❖ The Ruling:​


If both gold items are of equal weight,
Contain only gold (no additional metals or materials),
✔ And the exchange is conducted hand to hand (immediate transaction),


Then this exchange is permissible.


This is based on the hadith of the Prophet ﷺ:


“Gold for gold, silver for silver… equal for equal and hand to hand.”
📚 Ṣaḥīḥ Muslim 1587/81

❖ What If the Weights Differ?​


✖ If one of the gold items is heavier than the other, then the exchange is not allowed — even if the price difference is compensated.


The Prophet ﷺ clearly stated:


“Equal for equal.”

This strict condition applies to ribā al-faḍl (excess in barter of same kind), especially with ribāwī items such as gold and silver.

❖ Practical Solution:​


If both gold rings are of unequal weight, and a person still wants to make the exchange, there are two permissible alternatives:


① Sell one ring for cash,
② Then use that cash to purchase the other ring.


This separates the two transactions and avoids prohibited exchange (ribā).


📚 Ibn ʿUthaymīn – Nūr ʿala al-Darb 121/235
 
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