Combining a sale with currency exchange [416] -For instance, if one sells a car and one thousand dinars for twenty thousand Saudi riyals, then the transaction is considered a single transaction, and the price is one. is permissible, according to the most correct opinion of the Shafi'i [417] -See "Al-Majmuʿ" by Al-Nawawi (9/389); and refer to "Al-Hawi Al-Kabir" by Al-Mawardi (5/320). and Hanbali schools [418] -Provided that it is from a different category than the sold item and not conditioned upon it, for instance, if one sells a dinar for a garment and six dirhams, it is valid. However, if the garment is purchased for half a dinar, and it is stipulated that the other half must be exchanged for six dirhams, it is invalid. The price must be from a different category than the sold item, such as selling a garment and dirhams for gold. See "Al-Mubdiʿ" by Burhan al-Din Ibn Muflih (3/379); "Al-Insaf" by Al-Mardawi (4/232); "Sharh Muntaha Al-Iradat" by Al-Buhuti (2/21); and refer to "Hashiyat Al-Rawd Al-Murabbaʿ" by Ibn Qasim (4/377). , as well as the preference of Ibn Uthaymeen [419] -Ibn Uthaymeen stated: “His saying, ‘a sale and exchange,’ implies that exchange is a form of sale, but it is specific in that it involves the exchange of currency for currency, and it has known rulings. However, the discussion here is that it is an exchange; thus, dinars for dirhams constitutes an exchange, while dinars for garments does not. Exchange is undoubtedly a sale, but since it has specific rulings, they differentiate it in speech, saying: ‘sale and exchange.’ An example of this is: ‘I sold you these dinars and this car for ten thousand dirhams’; the transaction is one, and the price is one, so the sale is valid. If the price is received, there is no issue; however, if it is not received, it is valid for the car but not for the exchange, because when you sell dirhams for dinars, it is necessary to have mutual possession before parting.” See "Al-Sharh Al-Mumtiʿ" (8/199). ; this is because they are two entities for which compensation can be taken separately, thus it is permissible to receive compensation for them together [420] -Refer to "Al-Mubdiʿ" by Burhan al-Din Ibn Muflih (3/379) and "Al-Hawi Al-Kabir" by Al-Mawardi  (5/320) .
Section Three: The Combination of Currency Exchange and Financial Transfers
Combining currency exchange with financial transfers is permissible [421] -For example, if a person converts an amount of money in Saudi riyals through the bank into a different currency. , as stated by the Islamic Fiqh Council [422] -Decision (No. 88/1/D9), regarding (Gold Trade, Legal Solutions for the Combination of Exchange and Remittance):The Islamic Fiqh Council (Majmaʿ al-Fiqhī al-Islāmī) convened its ninth conference in Abu Dhabi, United Arab Emirates, from the 1st to the 6th of Dhu al-Qi'dah 1415 AH, corresponding to (April 1-6, 1995 CE). After reviewing the research submitted to the Academy concerning the topic: "Gold Trade, Legal Solutions for the Combination of Exchange and Remittance," and after listening to the discussions held on the subject, it was first decided regarding gold trade as follows:... It was then decided regarding the legal solutions for the combination of exchange and remittance as follows: A. Remittances that are presented in an amount of any currency, and the requester wishes to convert them into the same currency, are permissible by Sharia, whether it is without compensation or with compensation within the limits of actual fees. If the request in the remittance is for payment in a currency different from the amounts presented by the requester, then the operation consists of both exchange and remittance in the sense indicated in paragraph “A.” The exchange operation occurs prior to the conversion by delivering the amount to the bank, and the bank records it in its books after agreeing on the exchange rate specified in the document given to the customer; then the remittance is carried out in the aforementioned sense. See "Journal of the International Islamic Fiqh Academy - Ninth Session" (1/369, 370). , and this is also the Fatwa (Legal Opinion) of the Permanent Committee [423] -It is stated in the Fatwas of the Permanent Committee (al-Lajna al-Dā'ima): “It is permissible to convert the banknotes of one country into the banknotes of another country, even if the amounts= =differ, due to the difference in type, as in the example mentioned in the question. However, this is on the condition of mutual possession in the meeting, and the receipt of the check or remittance document is considered equivalent to possession in the meeting.” See: "Fatwas of the Permanent Committee" (13/448). . This is for the following reasons:
Firstly: Because the currency exchange operation is completed before the transfer, through the client handing over the amount to the bank and the bank recording it in its books after agreeing on the exchange rate indicated in the document provided to the client, then proceeding with the transfer [424] -See: Journal of the International Islamic Fiqh Council - Ninth Session(1/369, 370). .
Secondly: Because possession is completed in the session through the delivery of the amount intended for exchange and transfer to the bank, and the bank hands the check or transfer document to the client, which serves as a substitute for possession [425] - See "Fatwas of the Permanent Committee" (13/448). .