Taking a student loan

· 6 Safar 1437 AH1 min readEnglish
Business and DealingsLoans & DebtsLoansstudent loanloans

Question

I would like to know that my child needs to go college next year but I would not be able to put up with all the cost because I have other children which go to private Islamic school. So I need to pay for their fees so is it allowed to get a student loan for the college child?

Answer

It is permissible if it is not interest based.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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