• Transactions & Dealings >> Interest & Insurance

    Question ID: 7188Country: India

    Title: What about use of credit card? Can I use them and pay with in free credit period limit? To be more clear, credit card provides a time limit to pay your bill. till that time they are not going to harge you any interest. So can i use the credit card if i pays the bill with in time limit?

    Question: As salam v alaikum brother. What about use of credit card? Can I use them and pay with in free credit period limit? To be more clear, credit card provides a time limit to pay your bill. till that time they are not going to harge you any interest. So can i use the credit card if i pays the bill with in time limit?

    Answer ID: 7188

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 1043/926=L/1429)

     

    It will be lawful to use credit card provided you pay the bill timely without paying interest.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India