credit card - sales to customer on budget facility, am I assisting in a interest transaction ?

The use of credit cards is permissible provided the total amount due is paid by the due date as any delay would attract interest.

This ruling applies only to the ?straight facility? and not the ?budget facility?. In the case of the ?budget facility? where payment is spread over a pre-determined period, this facility inevitably attracts interest. Since you, as the shopkeeper, is acting as a liaison between the customer and the interest related transaction, it is not permissible for you to accept such transactions. Assistance in prohibition is also prohibited.

and Allah Ta'ala Knows Best

Mufti Muhammad Kadwa
FATWA DEPT.

checked & approved by: mUFTI EBRAHIM DESAI (FATWA DEPT.)