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Are Islamic credit cards halaal?

Answered as per Hanafi Fiqh by Askimam.org

Is this Permissiable to get cash on islamic credit card with profit rate and paid in 12 months 

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

For us to advise you, please explain the procedures of the Islamic credit card. What makes the Islamic credit card different from a conventional credit card? You may reply to admin@daruliftaa.net (Reference – Nadeem)

And Allah Ta’āla Knows Best

Nadeem Moulana

Student Darul Iftaa
Elizabethtown, Kentucky USA

Checked and Approved by,
Mufti Ebrahim Desai.

This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

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