Fees on credit cards loans : investing money of credit cards and pay it in full within mercy deadline

السؤال

Walikum assalam, Jazakum Allahu Khairan, I asked for me personally as several people brought the issue up recently and they are practicing it. They take the money and invest it and before the due deadline they will pay it back in full and not incur any interest charges. I have close relatives who did that. It seems from what you are saying that the "transaction" fee being 3 % of the borrowed amount is too high and is considered interest even if they are masking it and giving it another name (Tala3ub Fil 'Asmaa'). I looked online, including Islamonline, and couldn't find a clear answer for this question. Maybe this is a good time to have a written answer from qualified people like you. Wasalam, Munir

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2009-09-25

التخصصات الرئيسية

العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• القروض
• الرسوم الإدارية
• بطاقات الائتمان
• العمولات

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

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• AMA