Islam and the Quran

Is getting government scholarship lawful or not?

Interest is the extra money that is gained by loaning certain amount of money for a certain time period. That extra money received is considered as interest for the authorities who allow the financial system to bear interest and who directly gain that interest.

In many countries scholarships are funded by governments, and most of them allow interest in their financial systems. However, a student takes a scholarship because he earns it by his studies, grades or other efforts. Therefore, it can NOT be considered as “interest” for you.

It is lawful for you to take the scholarship.

Categories

Categories