Mufti Taqi Usmani Has Issued A Fatwa Against Hoarding Dollars By Pakistanis And People Have A Lot To Say

By Sannia Bilal | 22 May, 2019

Mufti Taqi Usmani just issued an economic fatwa

Ever since there has been a hike in the value of Dollar against our local Rupee, Pakistanis seem to be somewhat cynical about a positive outcome of the infamous ‘tabdeeli’ that was promised to our country. Obviously, people weren’t too happy about the situation at hand.


Angry Pakistanis trolled the PM for offering nothing more than his good looks when the Dollar prices shot up


This birthed a movement that was initiated by the President which called for a boycott of the US Dollar to support Pakistani Rupee in order to regain the lost value

Economic experts have reservations against the efficacy of this method but I guess to each their own.


And then some went too far in their actions against the Dollar

Because… why not.


So, amidst all the ruckus, Mufti Taqi Usmani, a former judge of the Federal Shariat Court, just gave a fatwa against hoarding dollars 

Keeping the tradition of stirring up vague  fatwas alive, Mufti Taqi Usmani took to Twitter and addressed his concerns on the matter and said that “purchasing dollars to hoard and earn profit by the increase is a grave sin and disloyalty to the country in the present economic situation.” He further on added that it has been mentioned in a Hadith that whoever gets involved in hoarding will be cursed by Allah.


Could that really be true?

Source: Yash Raj Films


People seemed to be pretty convinced


Or were they just being sarcastic? 🤔


I’m not too sure, tbh


Quite a few thanked him for guiding them to the right path


Some directed their concerns towards the incompetence of the government to tackle the issue


Others were confused and they raised questions on the given fatwa


But then people started discussing how paper money is a form of debt on which interest (sood) is charged, therefore it’s haram


Which was followed by a detailed explanation on the matter by self-styled economic experts


Khair, I’m not too sure about the given analysis but we should steer clear of any confusions when it comes to faith. Peace!


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Cover image via:

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