QARD AL HASSAN – ISLAMIC BENEVOLENT LOAN

Qard al-Hasan translated as “a goodly loan” comes from Qur’anic language encouraging charitable lending for God’s sake, so the spiritual “return” is reward in the hereafter rather than profit in this world.

Qard al-Hasan is commonly used by community funds, waqf foundations, mosques, Islamic microfinance programs, and sometimes banks (e.g., small emergency loans, education or medical needs, bridging cash-flow for micro-entrepreneurs).

Islam offers Qard al-Hasan to promote social solidarity, financial inclusion, and dignity while preventing riba (interest)-based exploitation. It advances the higher objectives of the Sharia (maqāṣid)—protecting faith, life, and wealth—by giving people a humane safety valve in hardship and a ladder for mobility without debt traps

The Qur’an repeatedly uses the phrase “qardan ḥasanan” (قرضًا حسنًا) — “a goodly/beautiful loan” — as an exhortation to spend or lend for God’s sake with the promise of multiplied reward. Key occurrences include:

• 2:245, 5:12, 57:11, 57:18, 64:17, 73:20.

In these verses the “loan to God” is metaphorical: believers give without seeking worldly gain and God “repays” with reward. Classical jurists then used this Qur’anic ethic to define qard al-ḥasan in fiqh as an interest-free, benevolent loan to people, distinguishing it from riba-based lending condemned elsewhere (e.g., 2:275–279).

What conditions shall I fulfill to get a Qard Al Hasan ?

To qualify, you generally must:

1. Have a valid purpose – e.g., medical costs, education, family needs; never for prohibited activities.
2. Show intention and ability to repay – even if repayment terms are flexible.
3. Provide basic documentation or guarantor – sometimes required for accountability.
4. Agree on a repayment plan – usually tailored to your situation, with compassion if delays arise.

👉 In short: prove your need is ethical, show sincerity to repay, and commit to a fair repayment schedule.

Where can I find Qard Al Hasan loans in the USA, UK, Saudi Arabia, Pakistan, Dubai, Indonesia, Egypt and Malaysia ?

Here’s a curated list of organizations and institutions offering Qard al-Hasan (interest-free benevolent loans) across the USA, UK, Saudi Arabia, Pakistan, Dubai, Egypt, Indonesia and Malaysia. Where available, I’ve included accessible links for direct contact or reference.

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USA

• Qard Hasan Foundation – Offers interest-free loans, primarily for educational expenses, disbursed per academic term directly to institutions.
  qardhasanfoundation.org

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UK

• Ansar Finance (UK) – A registered charity providing Islamic/ethical financing, including Qard al-Hasan loans, to help alleviate debt and hardship. Over £4.5 million in interest-free loans have been granted so far.
  
• Islamic Relief Worldwide – Offers benevolent Qard al-Hasan loans as part of its global welfare services.
  Islamic Relief Worldwide

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Saudi Arabia / Gulf Region

• While no specific lenders in Saudi Arabia were identified by name, Islamic Relief operates widely and may offer Qard al-Hasan schemes regionally.
  

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Pakistan

• Akhuwat Foundation – A prominent nonprofit in Pakistan providing interest-free microfinance (Qarz-e-Hasna) across 1,500+ cities, having disbursed over PKR 128 billion to millions of families.
  

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Dubai / UAE

• No direct mention of Qard al-Hasan-specific products, but Islamic banks across the UAE often operate riba-free structures (e.g., Murabaha, Ijara). For example, Dubai Islamic Bank’s accounts follow Qard-Hassan principles: depositors lend to the bank interest-free and can withdraw on demand.

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Indonesia

• While there aren’t widely advertised standalone Qard al-Hasan lenders, Islamic banks in Indonesia are exploring innovative models. For example, researchers have proposed a Qard al-Hasan Platform (QHP)—an internet-based crowdfunding mechanism that uses public charitable funds (such as zakat or waqf) to provide interest-free financing in productive sectors .
• Major Islamic banks like Bank Syariah Indonesia may offer or pilot benevolent lending within broader Sharia-compliant services .

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Egypt

• Specific institutions offering Qard al-Hasan loans in Egypt were not clearly identified in available sources. However, Islamic finance principles are well established in Egypt, and future implementation through Islamic banking channels or community-based platforms remains possible.

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Malaysia

• Qard al-Hasan is recognized and practiced within Islamic finance frameworks and microfinance systems in Malaysia.
• Research also explores integrating Qard al-Hasan with cash waqf models, aiming to support microfinancing for low- to middle-income groups, though these remain primarily developmental or theoretical .

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Nigeria

• Islamic banks in Nigeria—such as Jaiz Bank and TAJBank—operate under non-interest principles and offer account and financing products consistent with Qard al-Hasan concepts (e.g., current accounts structured on Qard principles) .
• Additionally, microfinance banks and certain NGOs in Nigeria provide non-interest (Qard al-Hasan) loans to individuals and small businesses, offering a vital lifeline to those needing halal financing .

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