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Old 11-19-2023, 02:11 AM   #2
UlyssesTurner

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May 2023
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Regarding student loans with interest, Islamic finance scholars generally consider interest-bearing loans to be prohibited (haram) in Islam due to the prohibition of riba (usury) and also check Other arguments there. However, there are discussions among scholars about the permissibility of educational loans in specific cases where there are no interest-free alternatives and based on individual circumstances.
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