Fatwas / Sales Fatawa / Visa Card and MasterCard (Credit cards)
Question
I am an employee at a company, and at times my work demands that I travel outside Saudi Arabia. Paying for accommodation at some hotels in some places outside Saudi Arabia requires visa card. Is there anything wrong if I get a visa card from Rajhi Bank? بطاقة الائتمان فيزا ماستركارد
Answer
Praise be to Allah, and may Allah’s peace and blessings be upon the Messenger of Allah, his family and his companions.
To proceed:
In response to your question, we say, and with Allah Almighty lies all success:
There is nothing wrong in getting a visa card devoid of usurious conditions. What I know is that the visa card you mentioned from Rajhi Bank and visa cards from other banks that rely on Islamic banking do not penalize for late payment. In other words they do not charge interest for late payment. Therefore there is no harm in using it for payment of hotels and other goods.
Praise be to Allah, and may Allah’s peace and blessings be upon the Messenger of Allah, his family and his companions.
To proceed:
In response to your question, we say, and with Allah Almighty lies all success:
There is nothing wrong in getting a visa card devoid of usurious conditions. What I know is that the visa card you mentioned from Rajhi Bank and visa cards from other banks that rely on Islamic banking do not penalize for late payment. In other words they do not charge interest for late payment. Therefore there is no harm in using it for payment of hotels and other goods.
