{"id":30332,"date":"2024-04-24T10:57:20","date_gmt":"2024-04-24T10:57:20","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/home\/?p=30332"},"modified":"2024-04-24T10:57:36","modified_gmt":"2024-04-24T10:57:36","slug":"is-it-permissible-for-a-muslim-to-set-up-a-credit-card-a-company-with-the-intention-of-giving-away-the-interest-money-to-a-non-islamic-charity","status":"publish","type":"post","link":"http:\/\/daruliftabirmingham.co.uk\/home\/is-it-permissible-for-a-muslim-to-set-up-a-credit-card-a-company-with-the-intention-of-giving-away-the-interest-money-to-a-non-islamic-charity\/","title":{"rendered":"Is It Permissible for a Muslim To Set Up a Credit Card a Company With the Intention of Giving Away the Interest Money to a Non-Islamic Charity?"},"content":{"rendered":"

Fatwa ID: 07072<\/strong><\/span><\/p>\n

\u00a0<\/strong><\/span><\/p>\n

Answered by: Mufti Mohammed Haroon Hussain<\/strong><\/span><\/p>\n

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Question:<\/u><\/b><\/span><\/p>\n

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Suppose there is a financial company that offers a credit card, but additionally requires the client to set up a banking account that periodically deposits interest payments. The company gives interest to the client even if they keep $0 in their banking account. Would it be permissible for a Muslim to set up a credit card with this company with the intention of giving away the interest money immediately to a non-Islamic charity? And would it be permissible for a Muslim to work for a financial company that sets up these types of accounts?<\/span><\/p>\n<\/div>\n

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In the name of Allah, the Most Gracious, the Most Merciful<\/u><\/strong><\/span><\/p>\n

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Answer:<\/u><\/strong><\/span><\/p>\n

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It is permissible to open such an account due to need and it is disliked without necessity.<\/span><\/p>\n

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If the financial company only deals with making these sorts of accounts, then you should not work for them. However, if they do other forms of work, some of which are permissible and some which are not, then you may work for them and if possible, you should work out what amount of the income is from haraam income and donate that to charity without the intention of reward.1<\/span><\/p>\n

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You may find the following fatwa of Mufti Mohammed Tosir Miah sahib to be a beneficial read:<\/span><\/p>\n

Is It Permissible to Have Savings Account Under Islamic Finance Scheme \u2013 Darul Ifta Birmingham<\/a><\/u><\/span><\/p>\n

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Only Allah knows best<\/span><\/p>\n

Written by Mufti Mohammed Haroon Hussain<\/span><\/p>\n

Checked and approved by Mufti Mohammed Tosir Miah<\/span><\/p>\n

Darul Ifta Birmingham<\/span><\/p>\n

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Fatwa ID: 07072 \u00a0 Answered by: Mufti Mohammed Haroon Hussain   Question:   Suppose there is a financial company that offers a credit card, but…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/30332"}],"collection":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=30332"}],"version-history":[{"count":3,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/30332\/revisions"}],"predecessor-version":[{"id":30358,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/30332\/revisions\/30358"}],"wp:attachment":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=30332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=30332"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=30332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}