Interest

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Working as an Actuary for a consultancy firm

Shaykh Abdul Raheem LimbadaRead

Student loan?

Shaykh Abdul Raheem LimbadaRead

Assalamu Alaykum, I am looking to attend university in September and was recently told by someone that taking out a tuition fee loan is Haraam. I looked into this on their website and found that after the first year of study the Student Loans company add interest as well as inflation. With the recent increase in university fees to £9000 per year, I would find it difficult to pay this off without actually taking out the loan. I have also looked into working part time while at university but this still wouldn’t cover it. I have asked several people who have already been through the system about what they have done and all of them have said that they have taken the loan out. I would appreciate if you clear this matter up for me. Shukran Jazakallah

Shaykh Abdul Raheem LimbadaRead

Can interest money be used for repairing masjid toilets?

Shaykh Abdul Raheem LimbadaRead

Giving interest money to ‘Cancer research, UNICEF’ etc

Shaykh Abdul Raheem LimbadaRead

Opening a certain bank account

Shaykh Abdul Raheem LimbadaRead

Discharging interest money

Shaykh Abdul Raheem LimbadaRead

Working for investment company

Shaykh Abdul Raheem LimbadaRead

Which uni and What subjects?

Shaykh Abdul Raheem LimbadaRead

Zina and student loan

Shaykh Abdul Raheem LimbadaRead

Using interest money for presents

Shaykh Abdul Raheem LimbadaRead

Car on finance

Shaykh Abdul Raheem LimbadaRead

Performing hajj with money from interest payable loan

Shaykh Abdul Raheem LimbadaRead

Offering your place to someone in a line behind you in salaah

Shaykh Abdul Raheem LimbadaRead

Question Salaams, Can you work in a bank in the IT department? designing and supporting the IT infrastructure.

Shaykh Abdul Raheem LimbadaRead

Is it permissible for a Muslim to send their parents for Hajj with borrowed money?

Shaykh Abdul Raheem LimbadaRead

Difference between profit and Interest

Shaykh Abdul Raheem LimbadaRead

Borrowed money – Increased payments

Shaykh Abdul Raheem LimbadaRead

Are we allowed to take out student loan?

Shaykh Abdul Raheem LimbadaRead

Bank Loan for Business

CouncilofUlama.co.zaRead