Submitted on Friday 2nd December 2016
Published on Thursday 29th December 2016
Current status: Closed
Closed: Tuesday 2nd May 2017
Signatures: 15
Prioritise implementation of the alternative student finance product
Many Muslims are unable to attend university, because their faith prohibits them from taking interest based loans to fund tuition fees.The government has acknowledged this and have developed an alternative financing model.This needs to be made available so that more students can attend university
Links to previous developments;
2014 consultation
https://www.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
White Paper 2016
Page 56- Alternative student finance offer
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/523546/bis-16-265-success-as-a-knowledge-economy-web.pdf
For information on developments visit
http://www.halalstudentloans.co.uk/
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