Mufti Online — Madrasah Ta'leemuddeen

Taking out a student loan

· 4 Rajab 1440 AH1 min readEnglish

Question

I am trying my best not to apply for a student loan but keeping up with my payments has become so difficult and it has come to a point where sometimes we don’t have food to eat because a big chunk is going out for university payments. I need to finish my degree for my kids future.

Can I take out a student loan involving interest but pay it back ASAP? Please advice as our situation is taking a toll on my health.

Answer

Interest is a curse. When the curse is going to come onto your life then how can you ever do such a thing.

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

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/28990
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-28990

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