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The question

Are credit cards forbidden, or are there permissible types among them?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The default ruling is that it is permissible to deal with credit cards if they are free from prohibitions related to interest on loans, such as interest charged for late payment, or lending for a fee, or contracting on such a condition. The Islamic Fiqh Academies and Sharia Boards have clarified the Sharia guidelines for credit cards.

Summarized from the full answer at Ftawy · imported

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Ftawy
Original fatwa ID
140782
Imported
Translation status
Source text, unreviewed
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