QUESTION: In times when I wasn’t aware and due to lack of knowledge I borrowed UK student finance when I was teenager. However, they charge really high interest. Can I take other low interest based loan to pay that off and then pay that off quickly with less interest? If I cant find Islamic loan.
QUESTION: In times when I wasn’t aware and due to lack of knowledge I borrowed UK student finance when I was teenager. However, they charge really high interest. Can I take other low interest based loan to pay that off and then pay that off quickly with less interest? If I cant find Islamic loan.
19May
ANSWER:
No, this is not permissible!
QUESTION: In times when I wasn’t aware and due to lack of knowledge I borrowed UK student finance when I was teenager. However, they charge really high interest. Can I take other low interest based loan to pay that off and then pay that off quickly with less interest? If I cant find Islamic loan.