Is a student finance haram (specifically in the UK)

[convincation]

I was looking into it and theres mixed opinions. Most scholars are saying it’s haram because it has interest on it which is riba but some are also saying it doesn’t meet the conditions of a loan and is more like an investment by the government in your education. There’s also the factor that there technically isn’t any interest but instead is just adapted to inflation.

All scholars agree that If it’s a necessity you can get it but I’m not sure if my case can be considered a necessity. My dad may be able to pay for it but his income isn’t fixed so one bad year means I loose the funding for that year. He’s also pretty stingy when it comes to money so I’ll pretty much be living on the bare minimum and moving out is probably out of the question


Any input is helpful, I need as many opinions as possible

@Calaf @Apollo @sincity

 

[Calaf]

Riba is equivalent to committing Zina 36 times.

Runta, we can go on technicalities on everything if we think about it, I didn't commit Zina cause I used a johhny or I didn't kill this person cause I didn't do it with my own hands.

 

[Periplus]

Riba is haram but is forgiven if it is a necessity.

Many if not most sheikhs say student loans are a necessity as it makes education accessible for everyone.

 

[Calaf]

Riba is haram but is forgiven if it is a necessity.

Many if not most sheikhs say student loans are a necessity as it makes education accessible for everyone.

Realistically speaking, 9.25k is manageable in a year, 3k every semester, its manageable, even with a part time job. Education is not worth the risk of Riba and thus disobedience to Allah SWT is not worth it for Education.

 

[convincation]

Riba is equivalent to committing Zina 36 times.

Runta, we can go on technicalities on everything if we think about it, I didn't commit Zina cause I used a johhny or I didn't kill this person cause I didn't do it with my own hands.

So you think it’s 100% haram no way around it

What about circumstances?

 

[Periplus]

Realistically speaking, 9.25k is manageable in a year, 3k every semester, its manageable, even with a part time job. Education is not worth the risk of Riba and thus disobedience to Allah SWT is not worth it for Education.

Education and obtaining knowledge is compulsory in Islam.

These loans make it achievable for people to do that.

Islam isn’t a black and white religion, everything is analysed in a case by case basis.

 

[xoxoboredgirl]

It’s not acceptable tbh, but I did it cos I had no choice. If the possibility of your father paying becomes more of a guarantee, then don’t take out the loan. But you need to think about it, how reliable is your dad? If there’s too much uncertainty you probably need a loan, unless you can fund your education in some other way

 

[Calaf]

So you think it’s 100% haram no way around it

What about circumstances?

I will be real with you, consult a Shiekh. A proper shiekh, not these YouTube Shiekhs and most certainly not those who bend the deen to their likings.

Riba is haram 10000%. Student Loan Company charges Interest and thus is Riba.

 

[Calaf]

Education and obtaining knowledge is compulsory in Islam.

These loans make it achievable for people to do that.

Islam isn’t a black and white religion, everything is analysed in a case by case basis.

Is Mortgage justifiable then? Is Bank Loan justifiable then?

Islam was brought in a complete package, to go by case by case is basically a cheeky way of bending the rules.

Especially for Student Loan, 3k basically every 3 months is more than manageable, in terms of work. Part time job as well, not even a full time one.

 

[xoxoboredgirl]

As @Periplus said, most sheikhs agree it can’t be avoided in order to get a degree when you don’t have the means to pay.

But, this also means you should draw the line there, and not take out any maintenance loans which you would have to pay back anyway + interest.

I even saw a video on YouTube of university students who worked multiple jobs and missed lectures and stuff to be able to pay for their degree without the Student finance Loan:

So it’s possible, but very hard. I can imagine you’d always be tired

 

[bidenkulaha]

It’s basically a graduate tax. Not really a loan. Secondly it’s necessary. Very few people can stump up £9250 a year plus expenses. Given degrees are important for your future I wouldn’t worry

 

[Abdisamad]

I will be real with you, consult a Shiekh. A proper shiekh, not these YouTube Shiekhs and most certainly not those who bend the deen to their likings.

Riba is haram 10000%. Student Loan Company charges Interest and thus is Riba.

The welfare checks in western countries contains tax cuts from riba money, alcohol sale and other haram businesses.. So is it haram to receive welfare?

 

[Cerberus]

Riba is equivalent to committing Zina 36 times.

Runta, we can go on technicalities on everything if we think about it, I didn't commit Zina cause I used a johhny or I didn't kill this person cause I didn't do it with my own hands.

Fixed interest is fine

 

[reer]

I will be real with you, consult a Shiekh. A proper shiekh, not these YouTube Shiekhs and most certainly not those who bend the deen to their likings.

Riba is haram 10000%. Student Loan Company charges Interest and thus is Riba.

riba is extremely dangerous. if jaamacad is too expensive then study abroad in a cheaper jaamacad. sheeko somali ha keenin.

 

[Calaf]

The welfare checks in western countries contains tax cuts from riba money, alcohol sale and other haram businesses.. So is it haram to receive welfare?

Welfare has no blessings in the first place.

And the way Somalis are taking welfare, its haram, the lies, the deception, even before you start talking about Riba.

 

[Calaf]

Fixed interest is fine

Why would it be fine? You still pay the highest rate, even if the interest rates drops.

 

[Nak-Muay-Kru]

It’s basically a graduate tax. Not really a loan. Secondly it’s necessary. Very few people can stump up £9250 a year plus expenses. Given degrees are important for your future I wouldn’t worry

Education's basically free in the UK, the loan repayments don't start until you're earning a certain amount anyway. Even then, the monthly payments are reasonble wallahi, it's basically just a tax like you said. It's only Americunts who get rinsed lol

 

[Ismail99]

Uni isn't waajib if you can't afford it then go for something else it's overrsted anyways.

 

[Periplus]

Uni isn't waajib if you can't afford it

Seeking knowledge is compulsory.

If someone wants to learn, they should.

 

[Nak-Muay-Kru]

Uni isn't waajib if you can't afford it then go for something else it's overrsted anyways.

Apart from degree apprentiships, what other option do people have when they need a degree to even get bullshit admin jobs? You can go down the trades route but RIP to your knees and back by age 35 lol