Sharia-compliant Student Funding

 

All student loans currently charge interest. This means some people feel unable to use existing student loans for university or college, due to their faith or conscience. This is most common among some Muslims students whose faith prohibits engagement with interest.

The government has committed to introducing a student finance product with an alternative to interest payments; however, nothing is currently in place.

 

Although we cannot endorse any specific alternative finance, there are some other options out there.