Go back to category : Islamic Question & Answers
  

Question Summary:
The transaction in reference in not permissible due to the interest charges on the credit card

Question Detail:

اسلام علیکم 
My friend want to purchase a mobile from amazon, but he want to make the payment through credit card to get the emi facility,  lf he pays throgh credit card than he has to pay the amount in installments which will be for 6 months which includes interest + monthly installments amount.Example: if the mobile price is Rupees 6000Than he has to pay monthly rupees 1000 + 300= 1300.00.Hence please confirm me whether this transaction is halal or haram as the bank is involved in this transaction.May Allah al mighty reward you for this help.Jazakumullaah.

Answer :

In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh
We understand that your friend wishes to purchase a mobile from Amazon via credit card which will incur interest charges.
 
The transaction in reference in not permissible due to the interest charges on the credit card. However such a transaction will be permissible if your friend purchased the mobile with the credit card without incurring any interest charges.
 
And Allah Ta’āla Knows Best
 
Mufti Ismail Desai,
Darul Iftaa
 
Checked and Approved,
Mufti Ebrahim Desai.
 
 

Main Categories  More Questions  


Online Tutor Available

 
Masnoon Duaein
Islamic Question & Answers
Aaj ki baat
Mazameen
Asma ul Husna
Tilawat e Quran
Qasas-ul-Anbiya
Multimedia
Essential Duas For A Muslim
Khawateen Kay Masaeel

© 2024 Ya-mujeeb.com. All rights reserved
search-sharai-masaeel