Exchanging Gold for Gold

Question

Is it permissible to exchange gold for gold without paying any money to the other person or receiving money from them, just a simple exchange of pieces?

Answer 1

It is permissible to exchange gold for gold without any monetary transaction, as long as the exchange is equal in weight and both parties agree to the terms.

Conditions for the exchange:

The two parties must ensure that the gold pieces being exchanged are of equal weight and that the transaction is conducted in a manner that avoids any form of usury or unfair advantage.

For further details, you may refer to the following sources:

1. Islamic rulings on gold exchanges.

2. Additional guidelines on gold transactions.