
Question:
The Government of Bangladesh is currently giving a 2% incentive on money sent by expatriate Bangladeshis, e.g. If you are a Bangladeshi national sending money back home, the government will add 2% to your transfer. The 2% incentive will be given to remittance receivers either as cash or into their bank accounts. Is it permissible to accept that 2% incentive or will it be considered as interest?
Continue reading “Ruling about 2% incentive on remittance given by the government of Bangladesh”