Funds4Uni - Greata Adams Iddriss - 2022

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About Funds4Uni - Greata Adams Iddriss - 2022

I am raising money to support me in paying my tuition fees out of pocket. The reason I have taken this dissection is since the loans offered by the student loans company, include interest. As muslim I can not take this loan as it is considered to be a Riba. Riba is a transaction in which only one participant is ensured to benefit financially while the other is likely to see a loose or gain money, mentioned in several places in the Quran chapter 2 verse 275 and 278. In my case I would be looking as the loan comes 6.3% interest which clearly puts me at risk of losing a large sum of money over the years which will exceed the original loan I took out. By the time I graduated I will have around £58,550 of dept to pay. I hope you can understand the situation I am in and consider my application with care and sympathy.

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