Students: Loans

(asked on 13th January 2021) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, whether his Department has made an assessment of to what extent the interest payable on student loans is a potential barrier to Muslim students.


Answered by
Michelle Donelan Portrait
Michelle Donelan
Secretary of State for Science, Innovation and Technology
This question was answered on 20th January 2021

The government assessed the merits of a sharia-compliant alternative finance product, including the views of students and other stakeholders, as part of the response to the consultation published in September 2014. The consultation response is at the link below:

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/349899/bis-14-984-government-response-to-a-consultation-on-a-sharia-compliant-alternative-finance-product.pdf.

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