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The question

What is the ruling of Sharia on the cashback card issued by Abu Dhabi Islamic Bank, knowing that the fatwas of some scholars indicate that the bank still has dealings that are not compliant with Sharia?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to use the cashback card, for the following reasons:

1. Because the bank deals in forbidden transactions, such as organized tawarruq in metals and late payment penalties for installments. 2. The contract includes a penalty for late payment. 3. The bank provides credit to the customer in their card through organized tawarruq in metals, which is forbidden.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
16857
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.
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