Is converting affiliate marketing profits from various currencies to US dollars, then sending them to a bank account, considered usury (riba), knowing that the process takes days, and that there is an option to receive the profits in cash from the headquarters in the UAE at a high cost?
Source: FtawySummarized from the full answer at Ftawy · reviewed Sep 2, 2026
It is permissible for the company to transfer profits in another currency to the bank account at the exchange rate of the day of transfer, and this is not usury (riba). It is stipulated that the right must be paid in full. It is also permissible to agree to pay a debt in a different currency on the day of repayment at the exchange rate of that day, provided that nothing remains outstanding on the debtor. A bank transfer is considered constructive possession.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
Read the full answer on Ftawyhttps://ftawy.com/en/questions/184549