Is it permissible, in Sharia, to obtain a credit card from an Islamic bank that operates on the basis of Tawarruq, knowing that the bank imposes additional profits for late payment after 55 days?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to obtain a credit card if its issuer stipulates an increase on the amount of credit in the event of delayed payment, because this is forbidden usury (riba).
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/113694
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 113694
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy