What should I do about my usurious bank loan that I took out for my university studies; should I quit university or continue studying?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Borrowing from a bank with interest (riba) is forbidden () and is only permissible in cases of dire necessity, which does not include borrowing for university studies. One who errs in borrowing due to ignorance bears no sin, provided they did not neglect to inquire. It is not necessary to abandon university, but only the principal amount must be repaid, and future interest-based borrowing must be avoided.
Summarized from the full answer at Ftawy · imported
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- 84506
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