What about cashing your credit card you have to pay a charge of 1.5% . is that interest . plz reply asap i have to pay my college fees (they accept cash only).?

Answer:

Q: Is it permissible to use a credit card facility?
A: Yes, it is permissible to use a credit card facility. However, a credit card holder should ensure that deposits are made on time to avoid paying interest.

and Allah Ta’ala Knows Best

Mufti Ebrahim Desai

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

Tags: Interest

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