What is the ruling on using a credit card with payment made on time before interest is charged?
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Question:
May Allah reward you, Honorable Shaykh. This questioner says: What is the ruling on using a credit card with payment made on time before interest is charged?
Answer:
Using a credit card is not permissible. It is not permissible because it is riba (usury or interest). They pay on your behalf and take an increase over what they gave you, which is not free, my brother. The increase over what they pay is riba. Yes.
May Allah reward you, Honorable Shaykh. This questioner says: What is the ruling on using a credit card with payment made on time before interest is charged?
Answer:
Using a credit card is not permissible. It is not permissible because it is riba (usury or interest). They pay on your behalf and take an increase over what they gave you, which is not free, my brother. The increase over what they pay is riba. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [1810 -3022] ما حكم التعامل ببطاقة الائتمان مع السداد في الموعد قبل فرض الفائدة؟ — youtube.com
The Arabic text is a machine transcription of the audio recording.