Am I Sinful to Live With a Husband Who Is Not Concerned With Avoiding Usury?

Answered by Shaykh Umer Mian Question: My husband does not listen to my financial advice and we have to pay interest every month. For him it is not a problem and discussing this issue makes him very angry. What is my religious responsibility in this situation as I have to use his credit card? Should I get a job to avoid […]

Are Rewards Programs Offered by Credit Cards Permissible?

Answered by Shaykh Umer Mian Question: Assalam alaykum, What is the ruling on a business setting up a loyalty program whereby customers earn points for each order they make? Answer: Wa alaikum as-salam wa rahmatullahi wa barakatuhu Loyalty programs such as what you have described are similar to rewards programs offered by many credit cards […]

Debt: How It Destroys Lives, How You Can Fight It

The good folks at Rizqwise have a very worthy multi-part series on debt that you should really listen to. If you haven’t got the time, this concluding episode is not to be missed. Rizqwise speak to Rehan Huda, a prominent investment banker and leading authority in Islamic Finance, about some of the key lessons we […]

Is It Permissible to Enter Into Contracts Involving Three Parties Such as Credit Card Agreements?

Answered by Mufti Muhammad ibn Adam al-Kawthari Question: I have been told that it is prohibited to have contracts that involve three parties. Examples are insurance and credit cards. So for instance, when you purchase something with a credit card it involves the buyer, the seller and the credit card company. Is this a valid […]

Using Credit Cards & Reward Points

Answered by Shaykh Faraz Rabbani Question: Are credit cards permitted if you ensure to make payments on time and not incur interest? Also, is one allowed to accept points or cash back from credit cards? Answer: Walaikum assalam, Contemporary scholars generally agree that it is permitted to use credit cards with the following conditions: 1. […]