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Use US bank credit card for online purchases, paying all credit card bills before due date?

368 viewsJuly 29, 2023General (Misc)credit card Credit cards US Bank US Bank credit card

Is it permissible to use a US bank credit card for online purchases, while one is always paying all credit card bills well before due date to avoid any interest?

Bismillahi Ta’ala

Walaikum Assalam Warahmatullah

In principle, a loan which has an interest-free period or a grace period to pay out the loan will be permissible as long as one is confident to pay out the amount before the grace period finishes. However, there is important detail in this. Please read the full answer carefully at : https://fatwa.ca/taking-a-loan-with-a-grace-period-for-interest-free-payback/

Wallahu A’lam

And Allah Ta’āla Knows Best
Mufti Faisal al-Mahmudi

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