» Earn on-going rewards and help us do more! «

Are Student Loans Permissible?

share this pageShare Page
Akram Nadwi

Channel: Akram Nadwi

Episode Notes

Episode Transcript

© No part of this transcript may be copied or referenced or transmitted in any way whatsoever. Transcripts are auto-generated and thus will be be inaccurate. We are working on a system to allow volunteers to edit transcripts in a controlled system.

00:00:00--> 00:00:23

Yeah, cuz he just wants more to continue the study. And there's a no, you know, financial support, they can't take a loan. People said that they don't need they need real people don't understand degrees in our time they are needed because when you marry, you got to have wife You got to have children you got to have family, you need to look after them and degrees give you a job.

00:00:24--> 00:01:01

If you don't have a degree how good to have job do you really want all Muslims to be taxi drivers? Nothing is do really what what you know, in our degrees are actually provided with people Good job that have you know, to undefeated horses to get degree to have a loan and there's no other way you can have a loan. So there's certainly a need to people can take these loans. Because for the degree for a study purpose, you make a distinction between the tuition loan and the Maintenance Loan, tuition loan is to pay your fees and Maintenance Loan is for living expenses while you're studying anything really whenever whatever they need because how can you have a steady without maintenance,

00:01:01--> 00:01:07

you know people need both. You need to pay the fees and you need to also to to live to eat and drink and accommodation towards him.