Why Ribba is Haraam

[fighter]

with my entrance scholarship and tuition credit from the govt, I'm looking at <$2000/year for undergrad insha'allah

You need to maintain a 3.0 GPA every year to maintain your scholarship. Good luck

[Alphanumeric]

with my entrance scholarship and tuition credit from the govt, I'm looking at <$2000/year for undergrad insha'allah

What do you plan on doing with your degree?

[blackstars25]

Shirib, Islamic financing is a market created to satisfy devout Muslims and keep them in a Middle Age mind set. Since the are over a billion Muslims in the world, there is a considerable market for the financial magicians in the City that are too eager to participate. Never mind the whole market is based on principles proper of Islamic Feudal Economies totally detached from the real world. I don't see how you can be satisfied being ignorant about this important topic, pick up a book and read and you will see what a hoax this hoopla about Islamic Banks/Islamic finance/Islamic Everything really is.

[Methylamine]

You need to maintain a 3.0 GPA every year to maintain your scholarship. Good luck

they said maintain 8.5 on their cGPA scale, which I'm guessing is the same thing

What do you plan on doing with your degree?

insha'allah I wanna go on to professional school; for the time being, I wanna pay as little money possible so that I can save up for further studies and not be burdened in debt

[Shirib]

Shirib, Islamic financing is a market created to satisfy devout Muslims and keep them in a Middle Age mind set. Since the are over a billion Muslims in the world, there is a considerable market for the financial magicians in the City that are too eager to participate. Never mind the whole market is based on principles proper of Islamic Feudal Economies totally detached from the real world.

the whole system is wretched, but it's gonna end up blowing up in it's own face. All ponzy schemes come to an end, and this is just one huge ponzy scheme that we all bought into, modern banking that is

[Alphanumeric]

Bariis,

What do you plan to do? Career wise?

[Methylamine]

Bariis,

What do you plan to do? Career wise?

insha'allah I want to obtain my MD and become a cardiologist and hopefully sometime in my life, be able to work back home

[Alphanumeric]

InshaAllah.


I was only asking because many people obtain a degree simply to have one, without much intention to further or specify their education. Had you been in a similar situation, I would've had some suggestions.

[Methylamine]

I agree, many people think that a degree will automatically land them a job which is (unless you're in a specific engineering program) not true. It took me a while to think of a career that suits and insha'allah I hope to stick by it

[fighter]

lol @ 8.5 cgpa. Good luck at that wretched institution. Dark, depressing and you will think you are in a foreign country.

[Methylamine]

^how optimistic of you

[Eaglehawk]

is value added tax or sales tax riba?

[blackstars25]

^are you stupid? of course not.

[Arabmann]

^are you stupid? of course not.

Why the insult for asking info he doesn't know? What is your response based on; personal opinion or fatwa/ruling?

[blackstars25]

common sense. i don't need no fatwa to figure this out. if you know what "riba" means you would understand. silly question really, his been paying sales tax his entire life and is asking now if he's been engaging in a major sin all along.

ps if "fatwas" are your thing, there are plenty of them on this issue.