All answers
Exchanges and wallets
Can I use crypto to send money home to family?
Answered by the ShariaQuant team
Yes, and it is often far cheaper than the alternative, since banks can charge close to 10% on a small transfer. The fee itself is permissible, which surprises people, because charging for a service is not riba. The problems enter through the exchange rate spread and through providers who advance the money and charge for the delay.
Halal remittances without ribaThis is Shariah screening and education, not financial advice. Rulings on newer products differ between scholars, so where a question is disputed we say so rather than pick a side for you. If your situation is unusual, ask your own scholar.