Published 5 years ago
Last updated 5 years ago
Q: Is it permissible to pay a fixed monthly fee for a credit facility on a credit card? The fee is payable whether or not the credit facility is used. No interest will be incurred on the credit facility.
A: Outwardly, it seems that this is an additional amount for the credit provided and this resembles interest. Hence, refrain from it.
And Allah Ta'ala (الله تعالى) knows best.
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