AskImamDarul Iftaa Mahmudiyyah (AskImam)

Is it permissible to use scholarship money from the bank?

· 26 Muharram 1436 AH1 min readFatwa 31230English
Finance and Commerce

Question

I am a student.would you tell me please whether the money of the scholarship that bank provides is halal or not?

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

In order for us to answer your query, please explain to us what you mean by a scholarship from the bank? Is it a loan? How does it work? You may forward your answers to admin@daruliftaa.net.

And Allah Ta’āla Knows Best

Muhammad Haris Siddiqui

Student Darul Iftaa
Melbourne, Australia

Checked and Approved by,
Mufti Ebrahim Desai.

Answered by
Muhammad Haris Siddiqui
Checked & approved by
Mufti Ebrahim Desai
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