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The question

What is the ruling on a covered Visa card with a flat fee, which does not involve lending, and is a percentage commission on cash withdrawals from it permissible?

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

It is permissible to take a percentage fee on cash withdrawals using a fully covered credit card, because it is considered a service charge covering the cost of devices, their maintenance, and necessary related services. This is not considered usury (riba) due to the absence of intent for usury, as long as the cardholder has a balance that makes him a creditor, not a debtor.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
101049
Imported
Translation status
Source text, unreviewed
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