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

Fatawa Question

Dear respected brother(s) in Islam. Asslam Aliykum Wa Rahmatu Allahi Wa Barakatu. I have a credit card (Citibank) that I used to use to purchase goods. This credit card gives 5 % in purchase new vehicle based on the amount of dollars that you purchase. For the last few years, I have been accumulated closer to $ 900.00 in purchase points toward a new vehicle. If I redeem this money will be consider to be Haram ? Jazaka Allahu Khairan.

Fatwa

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Publication Date

2002-12-01

Main Subjects

Economics & Business Administration
Financial and Accounting Sciences
Religion
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-723891

American Psychological Association (APA)

Qahf, Mundhir. 2002-12-01. Dividends, bonuses, rewards and accidental insurance of credit cards : bonuses and prizes of credit cards. .
https://search.emarefa.net/detail/BIM-723891

Modern Language Association (MLA)

Qahf, Mundhir. Dividends, bonuses, rewards and accidental insurance of credit cards : bonuses and prizes of credit cards. 2002-12-01.
https://search.emarefa.net/detail/BIM-723891

American Medical Association (AMA)

Qahf, Mundhir. 2002-12-01. Dividends, bonuses, rewards and accidental insurance of credit cards : bonuses and prizes of credit cards.
https://search.emarefa.net/detail/BIM-723891