PDA

View Full Version : Muslims Demand Sharia Student Loans Because Paying Interest Goes Against Islamic law



megimoo
08-22-2011, 11:59 AM
Muslim groups are calling for a separate student loan system because the interest due to be charged will conflict with rules of Sharia law.

The changes to tuition fees, which come into force next year, will see students charged higher rates of interest on the loans they take out to pay for university. Until now they have paid the market rate of inflation but the reforms mean students who go on to earn more than 21,000 will have to pay interest of up to 3 per cent. But in some interpretations of Sharia law, which is Islam's legal system and..

http://www.dailymail.co.uk/news/article-2028782/Muslims-demand-Sharia-student-loans-paying-goes-Islamic-law.html#ixzz1VlpMJx2a

COMMENTS:

The Parable Of The Camel And The tent...

And The Moral Is..Give Em An Inch and They Take A Mile..

One day an Arab and his camel were crossing the desert. Night came and the temperature became colder. The Arab put up his tent and tied the camel to it. The Arab went to sleep.

The temperature became slightly colder and the camel asked the Arab if he (camel) could just put his nose in the tent to warm up. The Arab agreed that the camel could just put his nose in, because the tent was small and there was no room for 2. So the camel's nose became warm and after a while the temperature went down even more.

The camel asked the Arab again, if he (camel) could just put his fore legs in because they were very cold. The Arab reluctantly agreed that the camel could only put his fore legs in and no more. So the camel moved in his fore legs and they became warm. After sometime the camel asked the Arab again that he had to put in his hind legs or else he won't be able to make the journey the next morning with frozen legs. So the Arab agreed and once the camel moved his hind legs in, there was no more room in the tent for the Arab and the Arab was kicked out.
...................

linda22003
08-22-2011, 01:19 PM
Anyone can go to school without interest bearing loans. It's called "saving up for it."

Novaheart
08-22-2011, 02:03 PM
Anyone can go to school without interest bearing loans. It's called "saving up for it."

Good job!

noonwitch
08-22-2011, 03:34 PM
Muslims could start their own banks/loan companies that abide by Sharia law, and administer the loans that way. That's called free enterprise.

marv
08-22-2011, 05:22 PM
Muslims could start their own banks/loan companies that abide by Sharia law, and administer the loans that way.

They already have it. They only have to go to the Saudi embassy and apply. Simple!!!!!!!!

fettpett
08-22-2011, 05:26 PM
they could start their own banks....they'd be bankrupt within a year from not being able to make any money

megimoo
08-22-2011, 07:52 PM
they could start their own banks....they'd be bankrupt within a year from not being able to make any money
Not if their invest their money in Camel futures...l

djones520
08-22-2011, 07:56 PM
Not if their invest their money in Camel futures...l

Well... as long as it isn't Australian camels.

fettpett
08-22-2011, 08:05 PM
Not if their invest their money in Camel futures...l

ha! as long as it's not pork bellies :D;)