Fatwa #1630523 February 2008United States of America
I wanted to know if someone is taking a student loan (with interest on it) and there is some extra left, can he use that money to buy a grave for himself?
Question
I wanted to know if someone is taking a student loan (with interest on it) and there is some extra left, can he use that money to buy a grave for himself?
Answer
In the name of Allah, Most Gracious, Most Merciful
Assalaamu `alaykum waRahmatullahi Wabarakatuh
It is not permissible for a student to take an interest bearing loan. The extra amount is also regarded to be Haraam and therefore the money cannot be used to purchase anything.
And Allah knows best
Checked and Approved by:
Mufti Ebrahim Desai