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Re: Student Loans 

By: ribit in FFFT | Recommend this post (2)
Tue, 01 Jul 14 5:22 AM | 114 view(s)
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Msg. 65259 of 65535
(This msg. is a reply to 65238 by oldCADuser)

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...muslims may refuse to enter into any agreement requiring them to pay interest on loans. However if they agree, they must comply.




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The above is a reply to the following message:
Re: Student Loans
By: oldCADuser
in FFFT
Tue, 01 Jul 14 2:04 AM
Msg. 65238 of 65535

In light of today's action by the Supreme Court, does this mean that a Muslim family may now refuse, on religious grounds (Islam prohibits the charging of interest), to pay the interest on their children's student loans? Or for that matter, on any of their outstanding credit cards, auto loans or mortgages?


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