Is accepting a credit card offer (Visa Card) from an interest-based bank, which allows purchase and repayment without interest during a specified period, with the application of interest and administrative fees in case of delayed payment, considered Haram and a form of Riba An-Nasi’ah (interest on delay)?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The credit card is a loan from the bank to the customer, and every loan that draws a benefit is usury (riba). Therefore, it is not permissible for the bank to take an increase on the amount of the loan when there is a delay in payment. It is not permissible for you to proceed with taking it, even if you are confident of paying what you owe before the cause of interest arises, because proceeding with it while the forbidden condition exists is an acknowledgment of 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/74292
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 74292
- 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