What is the ruling on using an unsecured credit Visa card which imposes a fixed late fee of 100 Saudi Riyals if payment is not made within the specified period?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is not permissible to issue this card as long as there is a penalty for late payment, whether the penalty is a fixed amount, compound interest, or anything else.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/157534
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