Home » Hanafi Fiqh » Muftisays.com » Are student loans and money obtained from them considered haram?

Are student loans and money obtained from them considered haram?

Answered as per Hanafi Fiqh by Muftisays.com
Salaam

i just have a quick question,
student loans are haraam and sin… but is the money itself haraam aswel for sum1 thta takes it out..
i havnt taken one out but i kno ppl in my class who have and say if they take us out or treat us to food.. wud that be considered bought with haraam money since its from the student loan money?
what do i do if i have eaten from food bought with their money? is my salah accepted?
Wassalam

Answer
In the Name of Allah, the Inspirer of Truth.
Assalamu Alaikum Warahmatullahi Wabarakatuh

In principle, the money itself is not Haraam, rather the interest is.

And Allah knows Best
Wa Alaykumussalaam Wa Rahmatullahi Wa Barakatuh

www.foodguide.org.uk

————————————–
(Mufti) Abdullah Patel
Halal Food Guide

Original Source Link

This answer was collected from MuftiSays.com, based in London (UK). It is one of the fruits of Darul Uloom London. Many ‘ulama are involved in answering the Q&A on the site, including: Shaikul Hadeeth Mufti Umar Farooq Sahib, Mufti Saifur Rahman Sahib, Mufti Abdullah Patel Sahib, Maulana Qamruz Zaman Sahib, Mufti Abu Bakr Karolia Sahib.

Read answers with similar topics: