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The question

Is it permissible for an Islamic bank to deal with an interest-based credit card after the client has ceased using it?

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

There is no objection to an Islamic bank taking a fixed amount for card withdrawals as administrative fees, provided that the amount taken is not a percentage of the amount used. If it is, then it is usury (riba).

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
44886
Imported
Translation status
Source text, unreviewed
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