What is the ruling on participating in a bank system that involves transferring one's salary to it and obtaining a visa (credit card) that allows purchasing goods up to a certain limit, after which the value of the goods is deducted from the transferred salary, with the possibility of purchasing even after the salary runs out for a maximum of 55 days before interest is calculated on the withdrawn amount, in exchange for 75 Egyptian pounds annually, and is this interest haram (forbidden)?
It is forbidden to open an account in a usurious bank, as is transferring one's salary to it in exchange for services, because it is a loan that brings benefit (Qardh Jarra Naf'an). It is also forbidden to use a Visa card that includes impermissible شرعية elements. Furthermore, any condition for charging interest upon delay is forbidden. Accordingly, this transaction is prohibited, and one must not proceed with it.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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