FatwaJohorTransactions & Finance
MOHON FATWA PEMBELIAN SAHAM WAQAF JOHOR MENGGUNAKAN KEMUDAHAN KAD KREDIT
Is it permissible to buy Johor Waqf shares using a credit card facility?
Short answer
The Johor State Fatwa Committee ruled that purchasing Johor Waqf shares with a credit card is permissible.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Johor State Mufti Department
- Date
- Status
- Fatwa committee decision
- Series
- Fatwa Negeri Johor
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Johor State Fatwa Committee ruled that purchasing Johor Waqf shares with a credit card is permissible. The ruling is based on safeguarding the interests of Muslims in Johor. It is conditional on the credit facility not containing prohibited elements such as riba (usury).
Written in our own words from the original fatwa — check the source before acting on it.
Adalah harus menggunakan kemudahan kad kredit bagi tujuan pembelian saham Waqaf Johor demi menjaga kepentingan umat Islam di Negeri Johor ini, dengan syarat kemudahan tersebut tiada mengandungi unsur yang diharamkan seperti riba
Read the full fatwa on the Johor website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Johor State Mufti Department. “MOHON FATWA PEMBELIAN SAHAM WAQAF JOHOR MENGGUNAKAN KEMUDAHAN KAD KREDIT”, 1 February 2011. https://said.johor.gov.my/perkhidmatan/paparan_detail_fatwa.php?id=1284. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/buy-johor-waqf-shares-using-credit-card/