AskImamDarul Iftaa Mahmudiyyah (AskImam)

Are Islamic credit cards halaal?

Fatwa 42790English
Finance and Commerce

Question

Is this Permissiable to get cash on islamic credit card with profit rate and paid in 12 months

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

For us to advise you, please explain the procedures of the Islamic credit card. What makes the Islamic credit card different from a conventional credit card? You may reply to admin@daruliftaa.net (Reference – Nadeem)

And Allah Ta’āla Knows Best

Nadeem Moulana

Student Darul Iftaa
Elizabethtown, Kentucky USA

Checked and Approved by,
Mufti Ebrahim Desai.

Answered by
Nadeem Moulana
Checked & approved by
Mufti Ebrahim Desai
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