Interest on insurance accounts and student loans : taking an interest student loan to gain a grant

السؤال

Assalamu Alaykum, I work part time at my college and the program I work under is part of a program called AmeriCorps in which after completing a year's term of work, they offer us an education award of about $ 1200. However this award can only be used in 2 cases, to repay a qualified loan from the university or to pay future tuition expenses. I am graduating this year so I cannot use the second option. As a part of my financial aid, the university offered me a subsidized loan in which I do not pay any interest on it but the government does while I'm still in school. My education award that my work has offered me will repay the loan I take out in June when I graduate, so I would not be paying any interest on the loan whatsoever. So would it be Haram to take out this subsidized loan ? Jazak Allah Khair Yusra

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2013-03-10

التخصصات الرئيسية

العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• القروض
• المنح
• الربا

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-730618

• APA
• MLA
• AMA