Indexation and the prohibition of Riba

السؤال

As Salamu Alaikum and May Allah reward you greatly for this blessed service. This question consists of two parts. Nearly 3 years ago I took out a student loan. The only interest on this loan is that corresponding to the rate of inflation (i.e. the natural increase / decrease in the value of currency). (I) Was this loan Halal / Haram ? (ii) Should I repay this loan as soon as possible ? Why I ask this 2nd question is because the student loan Company is lenient in how it wants repayments to be made. They take a small amount from your wages (if they are over £ 10,000 pa) every so often. One can of course repay all the amount of loan at any time. However, if you die or reach the age of 65 before your repayments have been completed then the loan if "forgiven" !

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2002-06-10

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• الاقتصاد الإسلامي
• العقود
• التضخم(مالية)
• سداد الديون
• القروض
• القياس(الفقه الإسلامي)
• الربا

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-724106

• APA
• MLA
• AMA