Bank related questions


1. I have a question regarding banking. If the bank gives you $200 credit in your account for opening a new account and then charges $35.00 for bank fees every month. Is it permissible to use that $200 to pay their fees? If not, what is the correct approach to take? Should a person try to refuse taking that money or take it and give it to Sadaqah without intention of sawab? 

2. If the bank offers you a free service such as a safety deposit box for having a certain type of account is it permissible to take advantage of that? 

3. Also, is it permissible to use points earned on credit card spending to pay fines, speeding tickets, taxes etc?

4. If a person forgets to make a payment and the credit card company charges a late fee or interest. Is it permissible to use the point to pay for such fees?


1. It is permissible.

2. This is not in keeping with precaution.

3. If these points have come your way, you may use it for these types of avenues.

4. Yes.

And Allah Ta'ala (الله تعالى) knows best.


Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)