Transactions & Dealings >> Interest & Insurance

Question ID: 36788Country: India

Title: Can we use credit card for any purchase and pay the credit amount before the due date

Question: Can we use credit card for any purchase and pay the credit amount before the due date?

Answer ID: 36788Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 370/328/D=1433) It is lawful to use credit card to buy goods provided the card holder already has amount in his account, so that the company which issues the card could receive its debt from his account or in case of no amount but the payment of the bills is paid in fixed times so that no interest is incurred on it, because it is haram to pay interest.

Allah (Subhana Wa Ta'ala) knows Best

Darul Ifta,

Darul Uloom Deoband, India

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Title: Can we use credit card for any purchase and pay the credit amount before the due date

Question: Can we use credit card for any purchase and pay the credit amount before the due date?

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