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faithandpeace
04-30-2013, 08:59 PM
Assalamu alaikum,

I am confused about what sharia says on this. My understanding is that you can't extend loans to others with interest but what about receiving the loan? I have some credit cards/lines of credit. Is it not haram if you pay it each month and are charged no interest?
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faithandpeace
05-07-2013, 06:56 AM
Nobody has any comments? Any links to articles I can read?
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Signor
05-07-2013, 07:07 AM
Assalamu Alaikum

Here are two Links to read

http://fatwa-online.com/fataawa/buyi...02/0020602.htm
http://islamqa.info/en/ref/128460

Hope it helps
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Futuwwa
05-08-2013, 12:56 AM
If a credit card is just used as a means to facililate/administer payment, and not to actually provide credit, I don't see why there would be any issue.
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faithandpeace
05-10-2013, 04:03 AM
Jazakallah khair. Those links were very helpful! :)
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