IDEAS home Printed from https://ideas.repec.org/a/rss/jnljse/v1i4p4.html
   My bibliography  Save this article

A Controversial Issue on Interest of the National Higher Education Fund Corporation (PTPTN): A Case Study

Author

Listed:
  • Muhammad Ridhwan Ab. Aziz

Abstract

Education is very important for the development of humankind and economic progress. Nevertheless, not everyone has the opportunity and access to the proper education system. Interest is something that is known to anyone living in a capitalist country. It has become so completely institutionalized and accepted in modern economies that it is almost impossible to conceive that there are some who completely oppose it and refuse any transactions that involve interest. But there are devout Muslims who refuse to deal in interest.This case study tries to explore the controversial issue relating to the loan offered by the PTPTN either it is considered as riba or otherwise. The purpose of this case study is not to show any weaknesses of the named person, but just to provide a basis for discussion.

Suggested Citation

  • Muhammad Ridhwan Ab. Aziz, 2014. "A Controversial Issue on Interest of the National Higher Education Fund Corporation (PTPTN): A Case Study," Journal of Social Economics, Research Academy of Social Sciences, vol. 1(4), pages 187-192.
    • Handle: RePEc:rss:jnljse:v1i4p4
    as

    Download full text from publisher

    File URL: http://rassweb.org/admin/pages/ResearchPapers/Paper%204_1495870647.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Interest; Riba; PTPTN;
    All these keywords.

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rss:jnljse:v1i4p4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Danish Khalil (email available below). General contact details of provider: http://www.rassweb.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.