Receiving Fees on Discounting a Bill of Exchange: A Sharia Analysis

Bill of Exchange is widely used in Islamic banking operations around the globe. This paper examines issue discounting from a Sharia perspective. The study revolves combining sale and borrowing (bay’ wa salaf). qualitative research adopts content analysis approach, using descriptive, analytical, comparative method to analyze collected data. Based on analysis, shows that its traditional raises concerns usury. However, it permissible treat as form paid agency. Additionally, does not involve any impediments related sales contracts, making permissible.