Buying A Course On Installments
Demanding profit on loan is Riba (Sood) and is Haram in Sharia. In this particular arrangement, there is no loan transaction, rather a course is being sold in installments and for deferred payment of this service ( the course being sold ), they are charging extra. There is no element of riba in this transaction. Secondly , the concept of copyrights in the software world has given them a similar status as to ownership of a tangible property. Therefore, using a course with rights still not fully transferred may very well create a situation similar to rent; where you will be paying for using intellectual property of the institution without having complete rights to use it.