Ruling On Student Loans

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Karim Abuzaid

Channel: Karim Abuzaid

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Episode Transcript

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victory in

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victory in

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Alhamdulillah wa Salatu was Salam ala rasulillah wash ilaha illallah wa hula shriek Allah, wa shadow, Mohammed, an Abu rasuluh mighty respected brothers and sisters in Islam. I welcome you once again to Colorado Muslims Council, we received a question regarding student loans, brothers and sisters in Islam, some of these loans can be paid right away without any usury added to it. That's permissible, as long as the contract does not contain a condition that you will be charged interest in case if you become delinquent. That's the only if the loan includes interest right away. No question in your mind that it's usually and it's not

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lawful in Islam, it's hot, I'm hot, I'm a lawyer unlawful to do so. Again, this is a religious ruling on the subject. And I'm sorry, I understand that

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some of you are expecting some solutions for this.

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There are multiple solutions, more can study.

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I tell you, the scenario that you accumulate, accumulate a lot of student loans. You come out of college, already enslaved in the system, in the ruled in the system of slavery. You have to pay so much money, why not pay your

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school?

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As you go, work and pay as you go? You will come out of college a free man not enrolled in the system. That's one way to do it. Other than that, I'm sorry, I have nothing else to offer you.

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You know,

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I'm basing this on. we're basing this on Quran and Sunnah. And I'm being defensive here because I know this subject is sensitive to a lot of you and

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maybe it's time to figure out a way to do it. For us as a Muslim community jazak Allahu Allah Subhana Allah huntik eyeshadow Allah Allah Allah lentes De Fuca to

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be kidding.