This is halal as long as the transaction is done simultaneously. This is done by giving and taking in the same meeting and physically exchanging the money.

Ive recently heard that money exchange businesses are haram, can you please comment on this too?

Riba | March 1, 2014 7:46 pm
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I have collected some money to donate to poor or good deeds. Until I find a good place, I have deposited that money to bank and there is some interest for that money. Can I use whole money for good deeds?