What is the ruling on using the "Premier Card" which allows purchasing in installments over 10 months without interest, in exchange for an annual subscription fee of 125 Egyptian pounds, knowing that the card does not allow cash withdrawals or deposits, and installments are deducted from the salary? And what is the ruling on some merchants charging an additional 2% for its use?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
There is no objection to using the aforementioned card, and there is no objection to taking some goods in exchange for installments, even if the installment price is higher than the cash price.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/153880
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 153880
- 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