Islamic Fee/Commission 

Al-Hiwalah (remittance) 

A transfer of funds or debt from the depositor’s or debtor’s account to the receiver’s or creditor’s account.A commission may be charged

As-Sarf (foreign exchange) 

The buying & selling of foreign currency

Al-Ujr (fee)

Commisions or fees charged for services

Al-Hibah (gift) 

This is a token given voluntarily by a debtor to a creditor in return for a loan. Hibah usually arises in practice when Islamic banks voluntarily pay their customers interest on savings account balances.