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**tinetttstation** · 09-08-2011, 05:36 AM

Many students take out loans of up to £9000 annually for university, which are supposed to be repaid once the student has left university and is earning more than £15000 annually.

Some students know that they will not be going on to getting a job, or atleast not working at a job which pays £15000. Thus, they know that they will not be able to pay the loan back, and have no intention of paying it back.

Is this permissible?

Before raising the issue of paying back , you should focus on the validiy of usury-based loan in Islam. This usury based loan is completely haram .

09-08-2011, 05:36 AM	#2
tinetttstation Join Date Oct 2005 Posts 470 Senior Member	Many students take out loans of up to £9000 annually for university, which are supposed to be repaid once the student has left university and is earning more than £15000 annually. Some students know that they will not be going on to getting a job, or atleast not working at a job which pays £15000. Thus, they know that they will not be able to pay the loan back, and have no intention of paying it back. Is this permissible? Before raising the issue of paying back , you should focus on the validiy of usury-based loan in Islam. This usury based loan is completely haram .
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