A newly established Islamic bank would like to launch a credit card product based on Qard Hasan (an interest-free loan)‎

السؤال

A newly established Islamic bank would like to launch a credit card product based on Qard Hasan (an interest-free loan). The bank is proposing to charge a fixed monthly fee for different categories of credit cards which shall be dependent on the types of services connected with the card. The bank also wants to introduce a reward scheme for those customers who will settle the outstanding amount of the Qard Hasan resulting from usage of the card within a certain defined date of the month. The reward shall be to refund the monthly fee to such cardholders. The reward shall not apply to the cardholders who would like to carry over the outstanding balance in their respective card account. The bank’s management has requested its Shariah board to approve launching the card and the reward scheme.

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

الناشر

Islamic Finance News

تاريخ النشر

2013-07-10

دولة النشر

ماليزيا

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-784611

• APA
• MLA
• AMA