Is the credit card (Visa) transaction considered usurious if the bank lends money and benefits from the merchant (third party) with a percentage of the purchases, and not directly from the borrower, based on the noble Hadith, "Every loan that draws a benefit is usury"?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Taking a percentage from shops that sell their goods via Visa is not a case of "a loan that draws a benefit," because the benefit to the bank comes from the shop as a fee for facilitating payment with Visa, and not from the borrowing customer. The Islamic Fiqh Academy has issued a resolution to this effect.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/54701
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 54701
- 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