Asalamu Alaykum
I have questions which regards about Student Loan, Iam currently student at UK University, and I have wondering the issue of Ribba which regards with student Loan I have read the Booklet which explains how student Loan is calculated when you paying you back, and it is clearly written that the is no Ribba Interst and you paying back the same a mount you have borrowed with the general rate of inflation. so What does Islam says about Inflation I would highly appreciate if some could ask scholar or perhaps that you have already asked .
Wasalamu Alaykum
I have questions which regards about Student Loan, Iam currently student at UK University, and I have wondering the issue of Ribba which regards with student Loan I have read the Booklet which explains how student Loan is calculated when you paying you back, and it is clearly written that the is no Ribba Interst and you paying back the same a mount you have borrowed with the general rate of inflation. so What does Islam says about Inflation I would highly appreciate if some could ask scholar or perhaps that you have already asked .
Wasalamu Alaykum