Question: Shaykh, next year I intend to go to university, if I take the student loan and hope not to pay interest, will it be permissible?

One can only claim back exactly the amount which was given as loan. Anything other than that will be considered Riba, thus unlawful (Haram) and sinful. It is ...

1 янв. 2024 г. · The debt will remain a debt Islamically. However, you may cap your earnings to below £25000; this way, you can avoid paying interest.

30 июл. 2021 г. · Hanafi law permits taking student loans (or any loan in that matter) as long as it is from a harbi and not from a dhimmi/mustamin/muslim ...

1 дек. 2018 г. · According to the Hanafi school if you borrow Fuloos (banknote, pound, dollar etc), and then it loses its value, you have to pay it back ...

1 сент. 2023 г. · Ask Allah for help and make a plan to pay the debt back as soon as you practically can. Insha'Allah, you won't have to actually pay any interest.

Question: A fatwa by Shaykh Haitham al-Haddad is being circulated that Student Loans are a Mudharabah and that it is permissible.

It is not permissible for you to take this student loan because it involves a riba-based condition and you stated that you do not need that loan.

10 авг. 2020 г. · Based on this, for student loans to be considered impermissible Islamically, a scholar would have to prove in a substantial way the presence of ...

It is not permissible for you to take this Riba-based student loan, no matter how low the interest rate, because Allah has forbidden contracts that involve Riba ...