All Questions
5
questions
1
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1
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Is it halal to take a student finance loan for education?
Muslim students tend to take a student finance loan in order to go through university without financial strain, but I've recently discovered there is interest involved.
According to my friend, some ...
- 99
2
votes
0
answers
174
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Is a UK university student loan riba, and if so, is it "necessary" if I have no other means to pay for education or to provide for my family?
I’ve heard student loans deemed as Ribaa. However, for a UK university student loan, the conditions are documented:
How much you repay
You pay back 9% of your income over the minimum amount of:
£17,...
- 21
7
votes
4
answers
488
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Is it OK to teach banking related subjects in school?
Is teaching interest based banking system in school allowed for a Muslim teacher?
- 157
4
votes
4
answers
19k
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Is interest entirely haram or can there be exceptions under neccesity?
A query in similar to a question posted on this site (Is interest-based educational loan allowed? ) (this may seem like a similar question, but from a clear angle).
Allah says: “Those who devour ...
- 2,257
7
votes
8
answers
11k
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Is interest-based educational loan allowed?
Students from economically backward communities who opt for higher studies generally depend on educational loans, which are offered with interest, either by banks, developmental organisations, or by ...
- 4,920