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[2 Feb 2010 | No Comment | ]
Fatwa about using Credit Cards by Muslims

Question: I have a question about VISA cards. I was watching Saudi TV yesterday and a sheikh said: “Even if we pay our VISA bill on time and we do not accumulate interest, the fact that we signed a contract agreeing on the condition that if we are late, we pay xx% interest, makes the VISA card haram,”
Do you advise me to get rid of my VISA card? I only have 1 for emergencies and when I travel… can you give me some advice please, should I cancel it and …