Signing credit cards’ contract and using it : use of credit cards and their different transactions
Fatawa Question
المعاملات باستخدام كارد الفيزا في الشراء و هل هو نوع من الربا لأنني أريد أن أطهر معاملاتي من الربا بعد أن هداني الله و أريد أن أوضح لسيادته أن المعاملات تتم على النحو 1-الشراء من المحلات التجارية 2-سحب مبالغ مالية من البنوك و يتم السداد على النحو التالي 1-على فترة سماح لمدة 55 يوما بدون فوائد 2-على 10 أشهر بفائدة واحد و نصف في المائة و أرجو من سيادتكم توضيح الفرق بينه و بين ما يتم من معاملات بنظام البيع الأجل في النقابات و هل هو أيضا نوعا من الربا أرجو The question in English : What is the ruling of using visa card in buying from stores, withdraw money from the bank bearing in mind that repayment will be done first in a period of 55 days with no interest, and then 10 months with 1.5 % interest. And what is the difference between this kind and the bay` al-Ajil that some institutions do here in Egypt ?
Fatwa
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Publication Date
2002-04-30
Main Subjects
Economics & Business Administration
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
- Islamic jurisprudence
- Islamic economics
- Financial transactions
- Purchasing
- Usury
- Credit cards
- Installment sales
- Islamic Banks
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-723839
American Psychological Association (APA)
Qahf, Mundhir. 2002-04-30. Signing credit cards’ contract and using it : use of credit cards and their different transactions. .
https://search.emarefa.net/detail/BIM-723839
Modern Language Association (MLA)
Qahf, Mundhir. Signing credit cards’ contract and using it : use of credit cards and their different transactions. 2002-04-30.
https://search.emarefa.net/detail/BIM-723839
American Medical Association (AMA)
Qahf, Mundhir. 2002-04-30. Signing credit cards’ contract and using it : use of credit cards and their different transactions.
https://search.emarefa.net/detail/BIM-723839