Sharia law

  • Sharia loans to be introduced for UK students

    by
    October 6, 2014 12:20
    A government consultation paper has revealed the development of student loans compliant with Sharia law. Under Sharia law, Muslims are forbidden from taking out loans which accrue interest. The Institute of Islamic Banking and Insurance states that ‘as a matter of faith, a Muslim cannot lend money to, or...