• Banking,  Business

    What Makes a Credit Card Islamic?

    Other than conventional credit cards, Malaysians have the option to own an Islamic credit card. Also known as credit card-i, it is a card that follows the concept of Islamic banking. For non-Muslims who prefer banking governed by the Islamic law, these credits cards are available for them as well.   You might wonder, what’s the difference between a conventional credit card and an Islamic credit card? Find out the difference by reading this article!   Shariah-compliant Credit card-i is to follow the strict standards of the Islam known as Shariah. In general, it means users can only use Islam credit cards in halal transactions. For example, gambling and buying…