Title: A Business Providing Remittance Services Question: Is it permissible in Islam to engage in business of providing remittance services? Is it halaal to earn income from a customer payment-processing services (see for example http://www.kagi.com)? Is the fee or commission charged for the service halaal in Islam? Or is it riba ? Please consider the following circumstances: Assume that another company processes the receipts of payment on my behalf. As a result the company will charge a service fee (either a fixed amount or varied with the sales) for each sales transaction. Is this considered as Riba ? Some customer might opt to use postal or money order obtainable from the postal service. In some countries the fee is fixed no matter how much amount is sent, while in other countries the fee varies with the amount sent. Are these fees considered Riba ? Is the commission paid to moneychanger to exchange foreign currencies considered as Riba ? Answer: The fee charged on facilitating financial remittances from one place to another, cannot be considered as Riba . Such a business seems to be clear of any of the prohibitions of Islam and, therefore, the earnings from such a business, in my opinion, should be considered as allowable in Islam. The answer to all of the stated three questions is 'No'. None of these transactions come within the ambit of what the Qur'an has called Riba . 22 nd June 2000