Fariq Naik – Can a Students Loan Interest be taken in the West as the Fees are Exorbitant

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			Assalamualaikum Warahmatullahi
Wabarakatuh My name is Sarah and I
		

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			work as a senior sales consultant
in London. In the West in order to
		

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			study a degree course, you can
take student loans as the yearly
		

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			fees are extremely high for one to
pay. Hence, it is easier to take a
		

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			student loan
		

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			student loan in the West does
consist of interest. However, the
		

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			condition of paying back the
student loan is to earn more than
		

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			25,000 pounds a year. Otherwise
you don't have to pay it back. And
		

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			after 30 years or if a person
dies, this loan will be written
		

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			off. Is it still okay? Otherwise
Muslims would not be able to study
		

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			or attend a university as you have
to take loan in order to be
		

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			educated. What should one do?
Allah subhanaw taala says in the
		

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			Glorious Quran Surah Baqarah
Chapter number two was number 278
		

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			and 279. Yeah, you have a lady in
toquilla Whether rumor came in
		

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			rebar in money, or you believe
fear Allah and give up your
		

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			demands of Riba. If you are
believers, for them to follow, if
		

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			you do not do so, then we will be
harboring Minella who are solely
		

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			so be prepared that Allah and His
Messenger will wage a war against
		

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			you. So Riba, it is completely
prohibited in Islam dealing in
		

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			riba It is haram in Islam.
		

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			And according to Imam at the
hobby, he writes in his book
		

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			alphabet, the 70 major sins he
says that riba it is the 12th
		

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			major sin in Islam.
		

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			So dealing in riba it is
completely prohibited It is haram.
		

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			Now, as you have asked in your
question, regarding a student
		

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			loan, and you only have to repay
this loan, if you earn more than
		

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			25,000 pounds a year
		

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			even in this situation,
		

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			you cannot agree with this
contract. Even if you know that
		

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			you will not earn more than 25,000
pounds a year yet, you cannot
		

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			agree with this contract. Because
you are agreeing that in this
		

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			situation you will
		

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			pay rebar, you will deal in rebar.
So this is completely prohibited
		

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			in Islam.
		

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			I'm aware that there are certain
Western so called scholars who say
		

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			that it is permitted to take a
student loan to take a home loan
		

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			to take a house loan even if it
involves in Aruba.
		

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			But the words of the Glorious
Quran it is clear
		

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			in the prohibition of dealing with
rebar
		

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			and dealing in rebar, it is a
major sin.
		

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			So, we should abstain from dealing
and rebar
		

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			and if you want to study so, there
are other solutions.
		

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			The first is that you can apply
for scholarship. The second is
		

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			that you can take a loan from an
Islamic Sharia compliant bank. The
		

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			third is that you approach an
Islamic organization who will
		

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			finance your education or who will
give you a loan for education.
		

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			But in no way should you take Riba
		

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			and many times you know that if
you deal in Riba in this world,
		

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			you will get a lot of benefit, it
will be lucrative for example, if
		

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			you take this loan, the student
loan,
		

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			it may be for example for
medicine, and then later on, you
		

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			will become a doctor and you will
earn a lot of money, you will have
		

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			so much respect but what is the
point of this money when it is
		

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			haram? What is the point of this
money when in the Accra you will
		

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			be among the losers
		

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			and it is a test from Allah
subhanaw taala Allah subhanaw
		

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			taala tests different people in
different ways.
		

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			So Allah subhanaw taala test
people, for example, he may show
		

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			them that they have a good offer
		

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			to deal with riba but it is a test
for this person in this situation
		

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			Willie yet deal in riba or no.
		

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			So this is very important that we
need to abstain from all the
		

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			things that are haram
		

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			and inshallah you have other
solutions like scholarship, you
		

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			can take a loan from an Islamic
bank, a Sharia compliant bank, or
		

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			you can approach an Islamic
organization
		

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			who will give you a loan. So these
are the options but in no way
		

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			should deal and involve Intrabar
back
		

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			was rebar it is clearly prohibited
in Islam and it is from among the
		

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			major sins so no one should take
it lightly so you should totally
		

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			abstain from dealing in rebar