A few days back I dined out, celebrating my cousins birthday at one of the renown restuarants of the city.My cousin payed the bill via her debit card. As she handed the card, the manager who was taking our feedback on the food etc, got a glimpse of it and immidiately expressed his happiness seeing it's a debit card and not a credit card.
You know how pathans can be, tooooo happy ik dum say :)
So in his pakhtoon accent,he went on and on and on telling us that credit cards are haram in Islam. I politely objected. I tried explaining to him that credit cards are haram if and only interest is hit. As long as one pays his\her dues in time, it's pretty much halal. I doubt if he got my point, he stood there similing away out of courtesy rather than amusement :), Anyhow, it got me thinking on the topic and just now I got some time off work, so i searched the web and it turns out that my point is valid.
Sunnipath says: It is permitted to use credit cards with the following main conditions:
1. One has the firm resolve and ability to pay the amount before any interest becomes due; and
2. One is sure that one will actually pay it off before any interest becomes due. That is, one has the funds to do so, and one’s habit and past experience shows that one will actually do so.