Is it permissible to use credit cards that grant a certain amount to be paid in monthly installments and fees, without interest or late penalties, where fees are only paid upon usage?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the monthly fees for a credit card are in exchange for actual services provided to its holder, then there is no harm in them, and they are not considered Riba (usury/interest), according to the decision of the Islamic Fiqh Academy. However, if these fees exceed the actual service charges, then they are considered forbidden Riba (usurious) interest.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/186725
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 186725
- 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