FatwaNationalTransactions & Finance
Kajian Pelaksanaan Pembiayaan Pendidikan Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) Berasaskan Kontrak Ju’alah
Are the service charge, compensation and rebate in PTPTN education financing based on the wage (ujrah) concept permissible?
Short answer
The Muzakarah agreed to the PTPTN service charge under the wage (ujrah) concept, provided the rate is reasonable and does not burden students.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- National Fatwa Committee (JAKIM)
- Date
- Status
- Fatwa committee decision
- Series
- Kompilasi Pandangan Hukum Muzakarah Jawatankuasa Fatwa MKI (JAKIM, terbitan 2016)
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Muzakarah agreed to the PTPTN service charge under the wage (ujrah) concept, provided the rate is reasonable and does not burden students. PTPTN may impose compensation (ta'widh) on borrowers who hold permanent jobs and are financially able but deliberately refuse to repay, while those without permanent jobs and without means are not charged. PTPTN must grant a rebate (ibra') to those who settle early, and the wage-based concept applies to all students at every level of study regardless of religion or race.
Written in our own words from the original fatwa — check the source before acting on it.
Pihak PTPTN hendaklah memberikan rebat (ibra') kepada pelajar yang berjaya melangsaikan pembiayaan lebih awal daripada tamat tempoh perjanjian
Read the full fatwa on the National website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
National Fatwa Committee (JAKIM). “Kajian Pelaksanaan Pembiayaan Pendidikan Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) Berasaskan Kontrak Ju’alah”, 28 July 2008. https://www.islam.gov.my/images/ePenerbitan/KOMPILASI_MUZAKARAH_MKI_2016.pdf#kajian-pelaksanaan-pembiayaan-pendidikan-perbadanan-tabung-pendidikan-tinggi-nasional-ptptn-berasaskan-kontrak-ju-alah. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ptptn-service-charge-compensation-rebate-ujrah/