{"id":11905,"date":"2019-09-26T15:30:31","date_gmt":"2019-09-26T15:30:31","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/?p=11905"},"modified":"2019-09-26T19:44:40","modified_gmt":"2019-09-26T19:44:40","slug":"interest-free-credit-card","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/interest-free-credit-card\/","title":{"rendered":"Interest free credit card"},"content":{"rendered":"

\n\tFatwa ID: 02995<\/strong><\/span><\/span>\n<\/p>\n

\n\tAnswered by: <\/strong>Alimah Nasima Umm Hamza<\/strong><\/span><\/span>\n<\/p>\n

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

\n\tAssalamu Alaikum Wa Rahmatullah<\/span><\/span>\n<\/p>\n

\n\tI would like to know if the following scenario is considered as paying interest:<\/span><\/span>\n<\/p>\n

\n\tBuying a product on credit where they say the first 6 months are interest-free BUT every month we pay a service fee of $6 to use the service.<\/span><\/span>\n<\/p>\n

\n\tIs this allowed in shari'a? Or is the monthly service fee considered riba?<\/span><\/span>\n<\/p>\n

\n\tAnswer:<\/b><\/span><\/span>\n<\/p>\n

\n\t\u0628\u0633\u0645 \u0627\u0644\u0644\u0647 \u0627\u0644\u0631\u062d\u0645\u0646 \u0627\u0644\u0631\u062d\u064a\u0645<\/em><\/span><\/span>\n<\/p>\n

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

\n\t \n<\/p>\n

\n\tIf administration costs are charged on an interest-free loan then this will be permissible as you are paying for a service, however, if they are charging you to take out a loan, then this is considered riba and therefore would not be permissible.<\/span><\/span>\n<\/p>\n

\n\tPlease note also, that any loans which stipulate that interest must be paid after a set number of months, are still interest loans and would not be permitted, because, in essence, you are signing a contract to pay interest.<\/span><\/span>\n<\/p>\n

\n\t
\n\t\u0648\u064e\u062a\u064e\u0639\u064e\u0627\u0648\u064e\u0646\u064f\u0648\u0627 \u0639\u064e\u0644\u064e\u0649 \u0627\u0644\u0652\u0628\u0650\u0631\u0651\u0650 \u0648\u064e\u0627\u0644\u062a\u0651\u064e\u0642\u0652\u0648\u064e\u0649\u0670 \u06d6 \u0648\u064e\u0644\u064e\u0627 \u062a\u064e\u0639\u064e\u0627\u0648\u064e\u0646\u064f\u0648\u0627 \u0639\u064e\u0644\u064e\u0649 \u0627\u0644\u0652\u0625\u0650\u062b\u0652\u0645\u0650 \u0648\u064e\u0627\u0644\u0652\u0639\u064f\u062f\u0652\u0648\u064e\u0627\u0646\u0650\u06da<\/span>
\n\t“And cooperate in righteousness and piety, but do not cooperate in sin and aggression.” (5:2)<\/span><\/span>\n<\/p>\n

\n\tThere are many alternative options to take except for these type of loans which look to charge interest dressed up in different names and contracts.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tOnly Allah Ta'ala knows best.<\/span><\/span>\n<\/p>\n

\n\tWritten by Alimah Nasima Umm Hamza<\/span><\/span>\n<\/p>\n

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

\n\tDarulIfta Birmingham<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Fatwa ID: 02995 Answered by: Alimah Nasima Umm Hamza Question: Assalamu Alaikum Wa Rahmatullah I would like to know if the following scenario is considered as…<\/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":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/11905"}],"collection":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=11905"}],"version-history":[{"count":3,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/11905\/revisions"}],"predecessor-version":[{"id":11922,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/11905\/revisions\/11922"}],"wp:attachment":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=11905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=11905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=11905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}