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