Rules of Taking Bank or Commercial Drafts
Issue No. 2425- There is no objection in bank or commercial drafts when a bank or a merchant takes some money from someone in a place and orders the bank or his agent in another place to pay him and he gets wages for the transfer of the money from the owner of the money. This transaction is halal, irrespective of whether the commission for the transfer is deducted from the transferred money or is taken separately from the owner. Similarly, if a bank or another institution gives some money to a person and orders that he should pay the money to the branch of the bank or to a particular person in another place, and if the bank or the institution charges some money as a commission for this transfer, there is no harm in it.