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Implement Takaful model to allow Muslims to attend University

Submitted by Fouzia Siddiqa on Monday 8th February 2021

Published on Friday 12th February 2021

Current status: Closed

Closed: Thursday 12th August 2021

Signatures: 191

Relevant Departments

Tagged with

compliant ~ England ~ Finance ~ Gov ~ Gov.uk ~ Islam ~ Loan ~ Sharia ~ Steps ~ system ~ UK ~ Universal ~ Universities

Petition Action

Implement Takaful model to allow Muslims to attend University

Petition Details

Many Muslims continue to miss out on the chance to attend university because of the interest-based student loan. The Government therefore created the Takaful model in 2014 but has still not implemented it. We need the Government to take further steps in order to achieve this.

Additional Information

The current student loan in England involves interest, which is forbidden in Islam. Everyone deserves the chance to go to university. It is not fair that so many Muslims are missing out on this chance. This issue cannot just be swept aside after we were told something would be done about it.
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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