Dividends, bonuses, rewards and accidental insurance of credit cards : dividend and rewards of credit cards

Fatawa Question

Assalamu Alaykum, I use a credit card to pay my bills and buy things. I use only for convenience and always pay the due amount on time (i.e. I do not pay interest). The type of the card I have is dividend card. They reward you and amount between 0.25-1 % on all the purchases you made. For example last year they forgive me for an amount of $ 150 from the last bill. Is this money Haram ? Gazak Allah Kheira.

Fatwa

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Publication Date

2001-03-26

Main Subjects

Economics & Business Administration
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-723889

American Psychological Association (APA)

Qahf, Mundhir. 2001-03-26. Dividends, bonuses, rewards and accidental insurance of credit cards : dividend and rewards of credit cards. .
https://search.emarefa.net/detail/BIM-723889

Modern Language Association (MLA)

Qahf, Mundhir. Dividends, bonuses, rewards and accidental insurance of credit cards : dividend and rewards of credit cards. 2001-03-26.
https://search.emarefa.net/detail/BIM-723889

American Medical Association (AMA)

Qahf, Mundhir. 2001-03-26. Dividends, bonuses, rewards and accidental insurance of credit cards : dividend and rewards of credit cards.
https://search.emarefa.net/detail/BIM-723889