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The question

What is the ruling on taking an interest-based loan from the Canadian government to pay for education expenses?

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

It is not permissible to borrow with interest, because it is usury (riba), which is forbidden. Allah has warned those who consume it of a war from Him and His Messenger. The Prophet, peace and blessings be upon him, cursed the one who consumes usury, the one who pays it, the one who writes it down, and its two witnesses. There is no difference in this regard between buying a home, paying for studies, or similar matters. The only exception is in cases of dire necessity where there is a danger to life or limb, such as someone who would perish or lose an organ if they did not consume the forbidden item.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
18759
Imported
Translation status
Source text, unreviewed
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