Taking commission for currency exchange

Q 3: Is it permissible to take commission for currency exchange?


A: Yes, it is permissible. (Part No. 13; Page No. 455)  May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.

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Exchanging money hand to hand

Payment of the price
Banks trading in currencies

Payment of the price
Buying gold for Dirhams

Payment of the price
Using checks to obtain international currencies

Payment of the price
Buying currency at the rate of delivery date

Payment of the price

Banks selling the travelers check

Payment of the price

Taking commission for currency exchange

Payment of the price

Money exchange and payment

Payment of the price