Is this interest? Whenever I re-fuel my car, I pay through credit card, but they charge me 2.5% more.

Answered by 

Shaykh Ebrahim Desai

The reason for this is that the bank charges them this much of money, and they take it from their customers so as to save their costs. Please advise me if this extra money is interest or not?

Answer:

The 2.5% surplus is not interest. It is bank charges.

and Allah Ta’ala Knows Best

Mufti Ebrahim Desai
FATWA DEPT.

Original Source Link

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

Tags: Bank, Interest

Link