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How do muslims apply for student loans if the interest they pay back is riba, breaking islamic law (shar'ia)?

Question: How do muslims apply for student loans if the interest they pay back is riba, breaking islamic law (shar'ia)?

(Posted by: Chloe the Siamese Cat on 2009-05-26 17:29:55)

Just curious.


Answers:

Posted by: Hesh on 2009-05-26, 17:39:36

You said they are paying it back. Therefore it is abrogated because you are paying your money in full, you are not leaving interest for yourself as free money from work you haven't even done.

  

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