What is the Shar'i ruling on dealing with usurious bank interest resulting from late debt payment, and must it be paid?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to obtain credit cards from usurious banks that stipulate interest upon late payment, even if the person intends not to be late, because doing so constitutes an acknowledgment of usury. Whoever has done so must repent to Allah and invalidate the forbidden contract by returning the card. If he cannot avoid paying the demanded interest, he must pay it while seeking forgiveness.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 72661
- 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