What is the ruling on obtaining a visa card from a usurious bank solely for the purpose of receiving one's monthly salary, knowing that the salary will be withdrawn immediately upon receipt, and a small amount of pounds will be left to keep the account open?
It is impermissible to open an account in an interest-based bank unless there is a necessity to safeguard money when an Islamic bank is unavailable. The salary must be withdrawn immediately upon its deposit into the interest-based bank if it is not possible to transfer it to an Islamic bank. It is permissible to use a Visa card if it does not stipulate interest for delayed payment, charge issuance fees exceeding the actual cost, or take a percentage on withdrawal transactions if the card is uncovered, and if it does not allow the purchase of gold, silver, and currencies with an uncovered card. A delay of a few days in receiving the salary does not permit dealing with an interest-based Visa card.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/17151
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 17151
- 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