Hazrat Wasif Manzoor Sahab (R.A.) - Poetry by Shayan Siddique (Mani)

Asalamualikum



Written by Shayan (Mani) Bilal Masjid Bufferzone St 15-A/5 in the memory of Hazrat Wasif Manzoor Sahab Rehmatullah alhyee.

Recitation of Madah
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Saadiq Visa Credit Card - Halal or Haram?

Asalamualikum

As per discussion today with Mufti Sahab at Daruloom Korangi, Saadiq Visa debit card is not allowed as per Sharia requirements and Daruloom Korangi do not accept it as Shariah Complaint.


You can call Darul-Ifta for more details regarding that at
021-350497746


Saadiqh Credit Card details are as follows which is not approved by Daruloom Korgani
http://www.standardchartered.com.pk/pk/islamic/credit-debit-cards/en/saadiq-visa-credit-cards.html

Extract from Musads-e-Hali

Extracted from Musadas-e-Hali
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Fatwa regarding Credit Card - Is Credit card Halal or not ?

Asalamualikum

Our company switched to a new bank which provided us various new services for free. We just recieved the bundle package  from that reputed bank which also included credit card + Debit card etc etc.... all free of cost. So, we decided to find out the ruling for credit cards and its usage. One of us called Daruloom Korangi and asked regarding Credit Cards ruling. The reply was

"It is not halal and we have not provided any permission to make credits becuase the initial terms signed between you and the bank is INTREST Transactions approval from your side. You sign the document in which its clearly written that you are willing to pay INTREST. So It isnt allowed by us"

Fatwaa is also attached below. Click on it to get an enlarged version of it.