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Taking an education loan from the bank

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: My friend studied engineering by taking an education loan from the bank. He has to pay back interest also after getting a job. Is earning money through this qualification haraam?

Bismillaah

A: Interest is haraam and forbidden in Islam. Your friend should sincerely repent for getting involved in the sin of interest and make a firm resolve that he will not return to this sin in the future. However his earnings through engineering will be halaal provided it is not associated with any haraam.

And Allah Ta’ala (الله تعالى) knows best.

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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