Is interest a compensation for inflation ? : effect of inflation on long term debts

السؤال

As Salamu Alaikum. I was married in November, 1995, and the dower that was agreed upon was Pakistani Rupees 100,000 in current currency (Muajjal). We now live in the US, and at this time, I would like to pay my wife that amount in US dollars. However, I am confused about the "current currency" part of it. According to the current exchange rate, Rs.100,000 = US $ 1670. But I believe that in November 1995 the exchange rate was such that Rs.100,000 = U.S. $ 2860. I am not sure which of these is the right amount. Perhaps I am supposed to account for the inflation rate as well (For example, if Rs.100,000 back then have the same purchasing power as Rs.150,000 in current times, then I am supposed to pay her Rs.150,000 converted into U.S. dollars at the current rate of about 60 rupees to the dollar).

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2001-02-28

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الأديان
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• الاقتصاد الإسلامي
• التضخم(مالية)
• سعر الصرف
• العملات الأجنبية
• الديون
• الباكستان
• الولايات المتحدة الأمريكية
• الصداق
• الربا

عدد الصفحات

2

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-723997

• APA
• MLA
• AMA