loan

Browse 1725 answers in this category

You are on page 55

Can I take a student loan to finance my University education?

Shaykh Faraz AdamRead

Calculating Zakat With Long Term Debts

Ustadh Tabraze AzamRead

Is HSBC, CPI Shari’ah Compliant?

Shaykh Ebrahim Desai, Shaykh Ismail DesaiRead

Kindly calculate Zakaat for following: Cash on hand R20000. Car financing bal.R25000. Monthly car installment R1450.

Shaykh Ebrahim Desai, Shaykh Ismail DesaiRead

Is Zakah due on deferred payments?

Shaykh Ebrahim DesaiRead

I want to study in university, and I wanted to confirm is it Halal for me to get a loan from student finance.

Shaykh Ebrahim Desai, Shaykh Ismail DesaiRead

Can I take out an interest bearing loan?

Shaykh Ebrahim Desai, Shaykh Faisal bin Abdul Hameed, Shaykh Ismail DesaiRead

Is This Incident True?

Shaykh Muhammad AshrafRead

Transacting in Ghair ‘Aaqil’s Wealth

Shaykh Muhammad AshrafRead

Giving a Loan, etc

Shaykh Muhammad AshrafRead

Trading on the Stock Exchange

Shaykh Muhammad AshrafRead

Paying Zakaat while having a mortgage or debt

Shaykh Waseem KhanRead

Paying Zakaah on jewellery and savings

Shaykh Waseem KhanRead

Paying Zakaat on Insurance premiums

Shaykh Waseem KhanRead

Paying off a loan before performing Hajj

Shaykh Waseem KhanRead

Taking a mortgage to purchase a home

Shaykh Waseem KhanRead

Payment of loan from interest money

Shaykh Waseem KhanRead

Is there any RIBA in solar power electricity transaction?

Shaykh Abdul Raheem LimbadaRead

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

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.