What is the ruling on the Islamic credit card (MasterCard) approved by the Sharia Supervisory Board, given that the bank charges a fixed fee of 30 riyals for withdrawing 1000 riyals from an ATM in a single transaction?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to issue and use a credit card if it adheres to Shariah guidelines. The card issuer may take a fixed fee for issuing the card or for processing a cash withdrawal. This fee should be an actual charge commensurate with the services provided.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/66906
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 66906
- 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