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This petition was submitted during the 2019 to 2024 Parliament

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Closed Sharia Compliant Student Loans for Muslim Students going to further education

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Parliament should ensure that a Sharia Compliant Student loan is available for Muslim students who are unable to use the government's student loan scheme, due to the fact that their religion prevents them from paying interest. It should be implemented as soon as possible.

In April 2014 the government had said that they are willing to create a Student loan that is compliant with Sharia law. So far, it's been about 6 years and there hasn't been any progress or update whatsoever on what is going to happen. The government should make education available for everyone, any race, religion etc, so that, in this scenario, muslims also get an equal chance at further education

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  • Related activity

    MPs debate Sharia-compliant student finance

    MPs debated the availability of sharia-compliant student finance for Muslim students in higher education - also known as Alternative Student Finance - on Thursday 15 July in the main House of Commons chamber.

    This was an adjournment debate. Adjournment debates are half-hour debates at the end of each day's sitting. They are an opportunity for an individual backbench MP to raise an issue and receive a response from the relevant Minister, however they do not end in a vote nor can they change the law.

    Watch the debate back:
    https://parliamentlive.tv/event/index/b611720b-8a2d-42e0-818d-d4edeca33cd7?in=17:00:24

    Read a transcript of the debate:
    https://hansard.parliament.uk/commons/2021-07-15/debates/FAADFF82-0D13-4077-B5DE-01D463B88EF6/AlternativeStudentFinance

    Find out more about how adjournment debates work:
    https://www.parliament.uk/about/how/business/debates/adjournment/

  • Government responded to this petition

    The Government will provide an update on the Alternative Student Finance product, including how this applies to students going to further education, in due course.

    Read the response in full

    The Government consulted on the topic in 2014 and secured the necessary primary legislation in the Higher Education and Research Act 2017. Since then, we have appointed specialist advisers in Islamic finance to advise us on the design and implementation of a suitable product. We have been working through the complex range of policy, legal and system issues that need to be resolved, in order for us to develop and eventually launch a Sharia-compliant alternative student finance product.

    The Government is committed to ensuring that all students with the potential to benefit from further and higher education are able to access it.
    The Government will provide a further update on the ASF product in due course.

    Updates will be provided on https://www.gov.uk/government/organisations/department-for-education

    Department of Education

  • Petition closed

  • Government will respond to this petition

    This petition got more than 10,000 signatures meaning that government will respond to it.

  • Petition published

    This petition can now be signed.

    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 9 January 2021.