What is the ruling on deducting a percentage of the withdrawn amount as a transfer fee in electronic transactions?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
There is no harm for the company in deducting a percentage for the service of withdrawing or transferring money, and there is no sin upon you in this, for the company is permitted to take fees for its banking services.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/147444
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 147444
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy