Fatawaa

Subject : What is the ruling on using bank cards such as Visa and MasterCard?
Fatwa Number : 1450
Classified : Current Financial Issues
Fatwa Type : Summarized Fatawaa

Question :

What is the ruling on using bank cards such as Visa and MasterCard?



The Answer :

All perfect praise be to Allah, The Lord of The Worlds, and may His Peace and Blessings be upon our Prophet Muhammad and upo all of his family and comapnions.


It is permissible to use such cards in accordance with the following conditions: 1- The issuing body does not stipulate collecting interest upon late payments. 2- The merchant does not increase the price of the goods due to an increase in the commission collected from him by the card issuer. 3- The purchased item(s) should not be gold, silver or currency in case the card is not covered. And Allah Knows Best.







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