Q: I work in a department store, and as part of the job we are obliged to encourage customers to get a store card, which is a credit card, and if they do, to open accounts for them. I too have to sign their contracts which states they must pay interest if they miss or fail to make their payment on time. What is the ruling on credit cards, and is this work permissible?
A: It is impermissible to be party to a contract that involves interest.
And Allah Ta’ala (الله تعالى) knows best.
Answered by:
Mufti Ebrahim Salejee (Isipingo Beach)