Search Islamic Finance Answers

1,000+ scholar-approved answers and growing...

Interest On Credit Card
May I use a credit card that charges interest?
It is impermissible to use a credit card that charges an interest rate, unless one is certain that one is able to repay borrowed amounts before incurring the interest charge, in which case it is permissible; it is permissible to use a debit or automated teller machine card (i.e. that draws cash directly from one’s existing account); it is permissible to accept “points rewards” from one’s credit card (e.g. frequent flyer mileage, vendor discounts, etc).

ASK AN ISLAMIC FINANCE QUESTION

Each question is reviewed by an Islamic finance expert and approved by a scholar.

Ask Now »

SEARCH ISLAMIC FINANCE Q&As

Browse one of the world's largest database of Islamic finance Q&As available online.

View details »

What’s New at Ethica

Press releases, live events, book recommendations, discount offers, and more

View details »

sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter