Question Summary: Is it permissible to use scholarship money from the bank? Question Detail:
I am a student.would you tell me please whether the money of the scholarship that bank provides is halal or not?
Answer :
In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. In order for us to answer your query, please explain to us what you mean by a scholarship from the bank? Is it a loan? How does it work? You may forward your answers to admin@daruliftaa.net. And Allah Ta’āla Knows Best Muhammad Haris Siddiqui Student Darul Iftaa Melbourne, Australia Checked and Approved by, Mufti Ebrahim Desai.
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