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 What is the ruling on life insurance? 2011.08.06 1,082
2 Were the older communities ordered to give tax (zakat) like we are? 2013.04.12 472
3 Trade and Usuary 2009.08.25 793
4 Is the interest from National Savings Certificates Haraam? 2012.04.24 11,718
5 Can we demand the loss caused by delayed payments from the debtors? 2013.04.27 495
6 Should we collect jizyah from our non-muslim neighbours? 2011.09.16 525
7 Is it permitted to get the 0% interest credits? 2012.06.16 814
8 Working in a company that borrows loan on interest 2013.05.19 768
9 USURY IN QURAN AND SUNNAH 2010.07.11 4,028
10 Can we give out the interest profit to the poor? 2012.12.17 1,220
11 Bonds 2013.05.31 1,009
12 USURY HIDDEN BEHIND IMAGE OF SALES 2010.07.11 679
13 Borrowing interest-based loans 2012.06.18 677
14 Buying and selling of public property 2013.07.23 880
15 PROHIBITION OF USURY 2010.07.11 1,055
16 Can I buy a house by using mortgage from a bank? 2013.04.10 967
17 Ruling on Leasing 2014.01.14 860
18 THE RELATIONSHIP BETWEEN USURY (Faiz) AND CHARITY (Zaqaat)) 2010.07.11 606
19 Will it be a sin if we give rushwat for taking our own property which is wrongfully seized? 2013.01.27 599
20 Missed Credit Card Payments 2014.01.20 662
21 THE WAR AGAINST ALLAH AND HIS MESSENGER 2010.07.11 810
22 Is it lawful to buy gold in installments by using credit card? 2012.07.21 1,772
23 Lending and Receiving in Different Currencies 2014.02.12 703
24 THE ATTITUDE OF MONEYLENDERS 2010.07.11 546
25 Is it lawful to buy and sell gold over internet? 2013.02.11 548
26 Trading unlawful things 2014.03.05 833
27 Islamic Economics 2010.07.11 629
28 Is it lawful to buy cash by credit card? 2013.02.11 677
29 Buying Foreign Exchange by Credit Card 2014.03.08 751
30 BEY BI’-L-ISTIĞLÂL 2010.07.13 591
31 What is the difference between renting and interest? 2013.02.26 1,904
32 Death of a creditor 2014.04.25 752
33 Relation Between Alms and Market Economy 2011.04.28 574
34 Is it permitted to rent gold? 2013.02.26 591
35 Early Payment Discount and Interest 2014.05.27 1,012
36 What is the sentence for directing our customers to bank credits(loans)? 2012.01.05 401
37 How to borrow gold from jewelers? 2013.02.28 739
38 Partnership on a fixed profit 2014.11.06 991
39 Amount Of Interest 2011.04.14 764
40 What is the ruling on giving a tender to a predetermined company? 2013.03.11 466
41 Paying off debts by loaning 2015.10.22 834
42 Is it lawful -halal- to use the bonus points paid by banks? 2012.06.11 1,774
43 Is it permitted to rent our real estate property to banks? 2013.03.31 1,205
44 Using Counterfeit Goods and Pirated Content 2017.04.04 225
45 Is e-commerce legitimate? 2013.01.19 945
46 Stock market 2013.04.06 1,790
47 Is getting government scholarship lawful or not? 2017.04.04 235