Buying gold with a bank card
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. A questioner says: You mentioned (may Allah preserve you) in a previous lesson that it is permissible to buy gold and silver with a certified check, even though the bank reserves the amount until the second party arrives. He says: With a bank card for a current account, the amount is transferred immediately to the gold owner's account. Is it permissible to deal with a bank card by buying gold and other things?
Answer:
Yes, this is possession, meaning the bank card that transfers money from one liability to another is possession, yes.
Honorable Shaykh, may Allah grant you success. A questioner says: You mentioned (may Allah preserve you) in a previous lesson that it is permissible to buy gold and silver with a certified check, even though the bank reserves the amount until the second party arrives. He says: With a bank card for a current account, the amount is transferred immediately to the gold owner's account. Is it permissible to deal with a bank card by buying gold and other things?
Answer:
Yes, this is possession, meaning the bank card that transfers money from one liability to another is possession, yes.
Source
المنتقى من أخبار سيد المرسلين 25-07-1438هـ — af.org.sa (55:48)
The Arabic text is a machine transcription of the audio recording.