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The question

What is the ruling on financial dealings with a scholarship that stipulates a large penalty in the event of a student's withdrawal, and is it permissible to receive this scholarship at the Egyptian Post Office building, which is known for its usurious dealings?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

If the fine is equivalent to the amount spent on the student or the damage incurred by the sponsoring entity, then there is no objection. Anything beyond that falls under financial punishment (ta'zeer bi al-mal), which is prohibited according to the majority of scholars. Dealing with someone whose wealth is mixed ( and ) is permissible.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
103344
Imported
Translation status
Source text, unreviewed
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