What is the ruling on working as a financial intermediary or an exchange agent between electronic banks, given the doubts about the source of clients' funds?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not obligatory to inquire about the source of clients' dubious funds in order to deal with them in a permissible transaction, for the Prophet, peace and blessings be upon him, dealt with the Jews. The basic principle is that what is in a Muslim's possession is his property until proven otherwise. If the customer wants to convert an amount from his electronic account to cash, and you withdraw the amount from your account and give it to him in cash for a commission, this is 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/163114
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- Ftawy
- Original fatwa ID
- 163114
- 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