What is the ruling on dealing with credit cards (Visa), based on extensive academic research addressing the laws applied in Islamic banks and the necessary Sharia adaptation for these transactions?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Financial transactions involving credit cards have been analogized to loans, and thus the rulings pertaining to loans, in terms of permissibility and prohibition, apply to them, albeit with specific regulations and conditions.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/34181
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 34181
- 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