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The question

Is withdrawing money from a Mastercard and repaying it to the bank in installments with interest – which is called Tawarruq interest – permissible or forbidden?

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

The aforementioned transaction is not permissible, even if the institution issues the card and authorizes itself on behalf of the customer to conduct a Tawarruq operation to repay his debt when it becomes due.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
109627
Imported
Translation status
Source text, unreviewed
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