The Use of Credit Cards in Purchases
Machine translationRead the Arabic original
Question:
The questioner: Noble Shaykh, regarding credit cards, when we buy gold and that amount is deducted from my account, is this permissible?
Answer:
Answer: If you have an account and are given a card to buy with, and the amount is deducted from your account, there is nothing wrong with that. As for credit cards in the sense that they give you a card to buy with, and they pay for you, and they take an extra amount, this is a loan involving riba (usury or interest), and it is not permissible.
The questioner: Noble Shaykh, regarding credit cards, when we buy gold and that amount is deducted from my account, is this permissible?
Answer:
Answer: If you have an account and are given a card to buy with, and the amount is deducted from your account, there is nothing wrong with that. As for credit cards in the sense that they give you a card to buy with, and they pay for you, and they take an extra amount, this is a loan involving riba (usury or interest), and it is not permissible.
Source
www.alfawzan.af.org.sa
The Arabic text is copied verbatim from the original source, without any edits.