Is it permissible to send money via the bank within the framework of external commercial dealings, and is it permissible to purchase foreign currency on one day and give its owner the money a week later?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Transferring money through banks is permissible if they are Islamic banks that do not deal with usury, such that the amount is transferred from one account to another in the sender's country without the addition of any usurious transaction. However, dealing with usurious banks is not permissible.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/36464
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 36464
- 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