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Sanctioning an education loan to study and not disbursing the amount halal or haram?

Last updated: 29th April 2026
Question ID: #13060
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Assalamualaikum, I am planning to study in the USA for a master's from India, but I have not found any way to fund my studies so far, except by taking out a loan to get a visa. I tried to apply for scholarships, contacted the department and did everything, but the funds that I will receive will still not be enough to get the visa. Therefore, is it permissible to sanction a loan and later cancel it after getting a visa? Why I am saying that is because my father is gonna sell some of his assets to fund my studies, but so far he has not found any buyer for those assets, but he is sure that he will be able to sell those assets before my master's studies begin. Therefore, can I sanction a loan and not disburse the amount from it and cancel it later after getting the visa? Is it permissible to do so?



بسم الله الرحمن الرحيم

الجواب حامداومصليا


It will not be permissible to go in a contract of loan. It is better to wait for your father to get the funds and pay for your studies.

And Allah knows best.

19 Dhul Qa’dah 1447/ 06 May 2026

Mufti
Answer last updated on:
6th May 2026
Answered by:
Ulamaa ID 04
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