Are we allowed to take out student loan?

Question:

Hadhrat, hope you and your family in the best of health!

Hadhrat I have a question to ask you,

Are we allowed to take out student loan?

JazakAllah Hu Khair

Answer:

Alhamdulillah, we’re fine.

Avoid as much as possible. When not possible take it but pay it back as quick as you can to avoid paying interest.

This answer was collected from Tafseer-Raheemi.com the official website of Sheikh Abdul Raheem Limbada (Hafizahullah) of UK.

Tags: Interest, loan

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