On Student Loans - A Detailed Discussion
Yasir Qadhi
Muslim Central
4.8 • 1.3K Ratings
🗓️ 11 November 2022
⏱️ 46 minutes
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| 0:00.0 | This audio is brought to you by MuslimCentral.com |
| 0:30.0 | Assalamu alaykum wa rahmatullahi wa barakatuhu. Bismillahi alhamdulillahi wa salatu wa salamu ala Rasulillah. |
| 0:36.0 | Welcome to another episode of a regular Tuesday series in which we select some of your questions and answer them. |
| 0:42.0 | And the email address, as I have said, is askyq at epikmasjid.org. |
| 0:47.0 | Askyq at epikmasjid.org. |
| 0:50.0 | And as I have said multiple times, I select the questions that I think will be of the maximum benefit. |
| 0:56.0 | So please understand, I do not answer individual questions at this email. |
| 0:59.0 | Today, inshaAllah wa ta'ala, we are going to tackle one of the most commonly asked questions that my email has been bombarded with. |
| 1:08.0 | And it is of relevance to so many, especially students. |
| 1:11.0 | And that is the issue of student loans. |
| 1:13.0 | That is the issue of the permissibility or impermissibility of students, especially here in America. |
| 1:20.0 | And generally speaking in the Western world, because again, these types of fatwas, these types of discussions I have, |
| 1:25.0 | generally speaking it is meant for specifically an American audience, or if the topic allows for it for a Western audience, generally speaking. |
| 1:33.0 | And the question that I'm going to choose today is basically a generic one called from many dozens of emails, literally from across the country, |
| 1:42.0 | dare I say across the Western world, and the gist of it is the same. |
| 1:46.0 | And that is that the student is not able to pay his or her fees, or they might have been accepted to a vocational school or medical school. |
| 1:56.0 | And obviously, the fees that are required for those are typically not affordable for the average person. |
| 2:02.0 | And there are alternatives, there are ways to acquire that money, some of which might appear to be dubious, or might actually be dubious. |
| 2:11.0 | So the question arises, is it permissible or impermissible for a student to take loans in order to execute in order to complete his degree or her degree? |
| 2:21.0 | That will be our question for today. |
| 2:23.0 | Now, obviously, the issue here we're talking about are those loans which have Riba or appear to have Riba. |
| 2:30.0 | We're not talking about taking a loan from family and friends. |
... |
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