{"id":28568,"date":"2023-10-16T21:01:38","date_gmt":"2023-10-16T21:01:38","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/home\/?p=28568"},"modified":"2023-10-16T21:01:38","modified_gmt":"2023-10-16T21:01:38","slug":"is-this-sort-of-alternative-student-finance-permissible","status":"publish","type":"post","link":"http:\/\/daruliftabirmingham.co.uk\/home\/is-this-sort-of-alternative-student-finance-permissible\/","title":{"rendered":"Is This Sort of Alternative Student Finance Permissible?"},"content":{"rendered":"

Fatwa ID: 06797<\/strong><\/span><\/p>\n

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Answered by: Alimah Jannatun Nessa<\/strong><\/span><\/p>\n

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Question:<\/u><\/strong><\/span><\/p>\n

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https:\/\/www.gov.uk\/government\/publications\/alternative-student-finance\/alternative-student-finance<\/span><\/a><\/span><\/p>\n

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I wanted to ask about this sort of finance and whether it would be permissible.<\/span><\/p>\n

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There are courses that are available wherein through this finance the company is directly paid and you don’t get to touch the money. Only if you earn over 25k later in life do you have to pay \u00a35\/\u00a37. When speaking to the company they said this link is the alternative funding that Muslims and those who do not want interest can receive.<\/span><\/p>\n

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What is the stance of the Ulama on this?<\/span><\/p>\n

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In the name of Allah, the Most Gracious, the Most Merciful<\/b><\/span><\/p>\n

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Answer:<\/b><\/span><\/p>\n

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The alternative student financing provided by the government is based on takaful, which works by pooling contributions from participants to create a fund that can be used to support student’s educational expenses.\u00a0<\/span><\/p>\n

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The conditions for Takaful are as follows:<\/span><\/p>\n

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