Missed Credit Card Payments
We are charged some amount of interest if we miss our credit card payments. Is this the same sin as, lending at or paying interest intentionally?

You would not be responsible for missing a credit card payment in case of financial impossibility. However, you must be utterly careful not to cause these interest-based transactions, by accounting for your income and expenses from the previous month.

If you do not make your credit card payment although you could, then it means you have payed interest. Paying interest is unlawful just as lending at interest. Our Prophet (p.b.u.h.) enjoined:
“May Allah curse the giver of interest, the receiver and the consumer of interest.”
[1]

Allah forgives you if you repent, and correct yourself by staying away from interest from then on. He not only forgives but also transforms your previous sins to good deeds.

[1] Bukhari, Sahih, Sales and Trade 25; Muslim, Sahih, Musaqat, 105.  Allah’s curse is His averting from His mercy.

Facebook'ta PaylaşTwitter'da Paylaş
Date: Jan 20, 2014
Other Fatwas In This Category:
#   Title Date Reads 
1 USURY HIDDEN BEHIND IMAGE OF SALES 2010.07.11 852
2 Borrowing interest-based loans 2012.06.18 825
3 Buying and selling of public property 2013.07.23 1,251
4 PROHIBITION OF USURY 2010.07.11 1,315
5 Can I buy a house by using mortgage from a bank? 2013.04.10 1,330
6 Ruling on Leasing 2014.01.14 1,026
7 THE RELATIONSHIP BETWEEN USURY (Faiz) AND CHARITY (Zaqaat)) 2010.07.11 797
8 Will it be a sin if we give rushwat for taking our own property which is wrongfully seized? 2013.01.27 715
9 Missed Credit Card Payments 2014.01.20 829
10 THE WAR AGAINST ALLAH AND HIS MESSENGER 2010.07.11 983
11 Is it lawful to buy gold in installments by using credit card? 2012.07.21 2,019
12 Lending and Receiving in Different Currencies 2014.02.12 849
13 THE ATTITUDE OF MONEYLENDERS 2010.07.11 704
14 Is it lawful to buy and sell gold over internet? 2013.02.11 677
15 Trading unlawful things 2014.03.05 1,118
16 Islamic Economics 2010.07.11 805
17 Is it lawful to buy cash by credit card? 2013.02.11 830
18 Buying Foreign Exchange by Credit Card 2014.03.08 948
19 BEY BI’-L-ISTIĞLÂL 2010.07.13 729
20 What is the difference between renting and interest? 2013.02.26 2,303
21 Death of a creditor 2014.04.25 961
22 Relation Between Alms and Market Economy 2011.04.28 718
23 Is it permitted to rent gold? 2013.02.26 712
24 Early Payment Discount and Interest 2014.05.27 1,283
25 What is the sentence for directing our customers to bank credits(loans)? 2012.01.05 500
26 How to borrow gold from jewelers? 2013.02.28 877
27 Partnership on a fixed profit 2014.11.06 1,224
28 Amount Of Interest 2011.04.14 935
29 What is the ruling on giving a tender to a predetermined company? 2013.03.11 573
30 Paying off debts by loaning 2015.10.22 1,138
31 Is it lawful -halal- to use the bonus points paid by banks? 2017.08.11 2,407
32 Is it permitted to rent our real estate property to banks? 2013.03.31 1,464
33 Using Counterfeit Goods and Pirated Content 2017.04.04 440
34 Is e-commerce legitimate? 2013.01.19 1,103
35 Stock market 2013.04.06 2,088
36 Is getting government scholarship lawful or not? 2017.04.04 450
37 What is the ruling on life insurance? 2011.08.06 1,272
38 Were the older communities ordered to give tax (zakat) like we are? 2013.04.12 568
39 Is Late Fee Considered as Interest? 2017.08.11 350
40 Trade and Usuary 2009.08.25 994
41 Is the interest from National Savings Certificates Haraam? 2012.04.24 13,553
42 Can we demand the loss caused by delayed payments from the debtors? 2013.04.27 616
43 Should we collect jizyah from our non-muslim neighbours? 2011.09.16 659
44 Is it permitted to get the 0% interest credits? 2012.06.16 981
45 Working in a company that borrows loan on interest 2013.05.19 936
46 USURY IN QURAN AND SUNNAH 2010.07.11 4,929
47 Can we give out the interest profit to the poor? 2012.12.17 1,518
48 Bonds 2013.05.31 1,255