What is the ruling on a husband taking a cash amount from a credit card issued by an Islamic bank, with monthly installments and administrative fees, without an increase in the amount if repaid early?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The aforementioned transaction is permissible if the increase the bank takes is merely fixed administrative fees not tied to the borrowed amount or the repayment period. A flat fee for a cash withdrawal service is not considered usury if it is not linked to the loan amount or its duration. Any increase beyond the actual services is forbidden because it is considered usury.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/170753
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 170753
- 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