Salam alaykum. There is a school that train people on programming and the condition is that the school will sponsor the expenses which is ₦3m but after the program the participant will pay back ₦3.6m. Is this a form of Usury (Riba)?

Question

Ustadh Yunus AbdulSalam · Accepted Answer

Salam alaykum. There is a school that train people on programming and the condition is that the school will sponsor the expenses which is ₦3m but after the program the participant will pay back ₦3.6m. Is this a form of Usury (Riba)?

Salam alaykum. There is a school that train people on programming and the condition is that the school will sponsor the expenses which is ₦3m but after the program the participant will pay back ₦3.6m. Is this a form of Usury (Riba)?

Ustadh Yunus AbdulSalam