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Ruling on Gifts Given by Banks to Cardholders

Banking,Conventional Banking,Ruling on Gifts Given by Banks to Cardholders

Fatwa No :
84473
| Date :
0000-00-00

Fatwa No : 84473
Ruling on Gifts Given by Banks to Cardholders
جدید فقہی مسائل / بینکاری / مروجہ بینکاری

Ruling on Gifts Given by Banks to Cardholders

What do the esteemed Islamic scholars and honorable muftis say about the issue where banks give annual gifts to cardholders — what is the ruling on this in Islamic law?

الجوابُ حامِدا ًو مُصلیِّا ً

The annual gifts given by the bank to cardholders are considered a gesture of generosity and favor from the bank. There is no objection to this in Islamic law.

And Allah knows best
اسداللہ کرخی عُفی عنه
دار الافتاء جامعه بنوریه عالمیه
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