Credit card additional charge : 3 % additional charge by merchants
Fatawa Question
Assalamualikum Dr., Actually I'm working in Saudi Arabia. When paying by (American express, Visa and Master cards) bank charges from customer 3 % additionally which is collected as a bank commission. For example : I'm buying goods for 1000 SAR. I'm going to pay by credit card. They charge 30 SAR more as a bank commission, so total 1030 SAR. My question is the additional charge interest ? Or is it permissible to be collected ? Jazakhallahu khairah
Fatwa
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Publication Date
2010-01-30
Main Subjects
Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-728420
American Psychological Association (APA)
Qahf, Mundhir. 2010-01-30. Credit card additional charge : 3 % additional charge by merchants. .
https://search.emarefa.net/detail/BIM-728420
Modern Language Association (MLA)
Qahf, Mundhir. Credit card additional charge : 3 % additional charge by merchants. 2010-01-30.
https://search.emarefa.net/detail/BIM-728420
American Medical Association (AMA)
Qahf, Mundhir. 2010-01-30. Credit card additional charge : 3 % additional charge by merchants.
https://search.emarefa.net/detail/BIM-728420
