Thread 512892535

>The British government has launched a public consultation on whether or not to introduce student loans that are compliant with Islamic Sharia law, which forbids loans that involve the payment of interest.

hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahah

>>512892535 (OP)
>The move to seek input from the general public comes amid rising complaints from Muslim students, who argue that the existing interest-based student loan system is unfairly forcing them to choose between getting a university degree and staying true to their religious beliefs.

>The consultation—formally known as the Consultation on a Sharia-Compliant Alternative Finance Product—seeks to determine whether an “alternative finance system that is not interest based” would be acceptable to “anyone who might be deterred from the conventional system.”

>The alternative financial model involves a mutual fund pooling scheme (known as takaful in Arabic), whereby prospective students would withdraw money from a Sharia-compliant fund to pay for school. Upon graduation they would make a series of repayments back into the same fund to help pay for the education of other students who come along after them.

>In an effort to address concerns that Muslim students would end up paying less than non-Muslims, the government says the fund would be set up in such a way so as to ensure that repayments are made at the same rate as students who take out traditional student loans.

>The government’s consultation document says “this model of student finance product was proposed and developed by experts in Islamic finance and has been approved by the Sharia Supervisory Committee of the Islamic Bank of Britain.” It continues:

>>512892535 (OP)
>>512892683

>The documents, which would be recognized by British courts, prevent children born out of wedlock—and even those who have been adopted—from being counted as legitimate heirs. In addition, anyone married in a civil ceremony or in a church could be excluded from inheritance under Sharia law, which recognizes only Muslim weddings for inheritance purposes.

>Paragraph 3.6 of the guidelines recommends that some wills include a declaration of faith in Allah which would be drafted at a local mosque, and Paragraph 5.2 hands responsibility for drawing up some papers to Sharia courts. Paragraph 2.3 of the guidelines suggests that Sharia law could overrule British law in inheritance disputes.

>>512892535 (OP)
>>512892683
>>512892880

Full article

https://soerenkern.com/web/2014/04/28/uk-sharia-compliant-student-loans/

https://www.gatestoneinstitute.org/4287/sharia-compliant-student-loans

>Coming soon
>Article from 2014
In a fortnight, I assume?

>>512893354

Did you pay jizya to post here kuffar?

>>512892535 (OP)
ok, so they'll get to pay a fee and have a fixed term to pay it back or there will be fines and stuff. as if it makes any difference. they could also deal with islamic banks which are a thing.

>>512892535 (OP)
I will become a muslim if I can wear a turban made from bacon

cut hands off usurers

>>512892535 (OP)
>whether or not to introduce student loans that are compliant with Islamic Sharia law
if they unironically get access to unkiked banking and they deny it to non-shitskins i am going to do my best to convince every world leader to destroy the UK