How can I receive a sum of money in foreign currency from a relative abroad into my account, then repay it to his family in Egyptian pounds in monthly installments, without falling into the suspicion of Riba al-Nasi'a (interest due to delay)? And can this be considered a loan in foreign currency, with its value repaid in local currency based on the exchange rate on the day of payment for each installment?
The unquestionable method is for your relative to authorize you to disburse the amount he sends to your account in foreign currency. You then disburse it in local currency and keep the amount with you as a trust, paying it to his family in installments according to the owner's request.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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