TAWARRUK CREDIT CARD

TAWARRUK CARD

Tawarruq credit card is one of the option Islamic credit card are working to satisfy the demand of Muslim consumers who wish to use payment cards while complying with the Sharia.

Twarruq credit card principles is based on a deal where the card holder buys a commodity with a deferred repayment term, and after then sells the asset to a third party achieving to obtain immediately cash.

Twarruq credit card is a smart way to borrow cash from the bank through an initial purchase and resale the bought commodity to a third party which is accepted by the Sharia since the operation is underlined by goods.

Tawarruq credit card is the most widely used Islamic credit card in the Muslim world because of its simplicity of use and popularity.

QARD El HASSAN CARD    BAY AL INAH CARD   TAWARRUQ CARD   MURABAHA CARD   TAKAFUL CARD   CASH BACK CARD   PREPAID CARD   REWARD CARD   LIBYA   QATAR   PHILIPPINES   UNITED-KINGDOM   UNITED-STATES    CANADA   BANGLADESH   NIGERIA    TURKEY   IRAN   EGYPT    INDIA   CHINA   ABU-DHABI    BAHRAIN   DUBAI   INDONESIA    MALAYSIA   PAKISTAN   R.A.K   SAUDI-ARABIA   SHARJAH   IRELAND   LIBYA   QATAR   AUSTRALIA