Once again, non-Muslims must change their practices to accommodate Muslims. “Muslim challenge to tuition fee interest charges,” by Sean Coughlan for BBC News, November 4 (thanks to all who sent this in):
Muslim student leaders say changes to tuition fees in England could breach Islamic rules on finance, which do not permit interest charges.
The coalition government’s plans to raise tuition fees to up to Â£9,000 also include higher interest rates for repayments of loans.
The Federation of Student Islamic Societies says this will make loans unusable for many Muslim students.
A government spokesman said these were “not commercial loans”.
As well as raising tuition fees, the proposals for university funding include changes to loan repayments – with some students set to pay more than at present.
Repayments will be structured so that higher-earning graduates are paying higher levels of interest rates, up to 3% above inflation.
Only those who earn below Â£21,000 will remain paying an effective zero rate of interest.
There are concerns that such interest charges are against Muslim teaching on finance and will prevent young Muslims from getting the finance needed to go to university….