Islamic Credit Card (ICC) has seen a profound increased in its uptake of which its financing has grown to a whopping 37.5% Year-on-Year (YoY) growth in 2023. Although the ICC market remains pleasing, it is not without setbacks and challenges. The conundrum of the underlying contracts in particular ujrah has induced an egregious reveal of the difficulty for the establishment of an appropriate contract which goes in tandem with the Islamic principles. This phenomenon has caused an appreciable concerned on the legal execution vis-à-vis suitability of the contract which may benefit consumers in accordance to the Divine law. This study employed qualitative research design in which case study is analysed via content analysis through authentic sources namely the Holy Quran and hadiths including relevant literatures, policy documents by the Bank Negara Malaysia (BNM), issuers’ fine prints and financial statements, articles and books to fully comprehend the meaning of ujrah and its application on the ICC. In addition, the researcher has also conducted observation through current practice by the issuers for the far-reaching comprehension of the ujrah application in the ICC. The ujrah contract appears to have some lingering issues and doubts which gravely require an intervention by the regulator for the restructuring and revamping its formation. Nevertheless, this study has limitations particularly in obtaining issuers’ shariah committees for the enunciation of the ujrah ICC application. Subsequently, for future studies, it is highly advisable to procure direct clarification of the ujrah application in the ICC from the Shariah Advisory Council (SAC) of the BNM following the allowability and endorsement of the contract.
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