I wanted to ask for advise. Is it ok to be involved with the student loans in UK. The interest rate has now turned into blatant Usury because you have to pay 3% interest above inflation. Is it ok to still take out a student loan and if it’s not then what should we do when our parents threaten to throw us out and not support us because we don’t want to get involved with interest.
I wanted to ask for advise. Is it ok to be involved with the student loans in UK. The interest rate has now turned into blatant Usury because you have to pay 3% interest above inflation. Is it ok to still take out a student loan and if it’s not then what should we do when our parents threaten to throw us out and not support us because we don’t want to get involved with interest.
17Mar
This is not permissible as it involves Riba.
I wanted to ask for advise. Is it ok to be involved with the student loans in UK. The interest rate has now turned into blatant Usury because you have to pay 3% interest above inflation. Is it ok to still take out a student loan and if it’s not then what should we do when our parents threaten to throw us out and not support us because we don’t want to get involved with interest.