Akhuwat works to alleviate poverty through our flagship scheme, Qarz-e-Hasna – micro-lending without interest. The funds provided are repaid by recipients in manageable monthly instalments.
At Akhuwat, we’ve set a new precedent among Muslim charities by enabling donors to give Qarz-e-Hasna so that people in need can better their lives. When the borrowed funds are repaid, they can be reused, over and over again to help more people in need. Beneficiaries are able to borrow without interest, as per the Islamic standard which firmly forbids Riba – usuary.
We believe that people living in poverty want the chance to uplift themselves. Because no one deserves to be dependent on handouts. And because handouts aren’t sustainable.
Akhuwat gave its first ‘Qarz-e-Hasna’ – an amount of 10,000 Rupees (approximately £40) to a widow who was striving to earn a living through honourable means. She wasn’t looking for charity; she only wanted a helping hand. Akhuwat marked the beginning of a new chapter through its Qarz-e-Hasna scheme enabling the needy to borrow without interest. One that found its inspiration not only in economic viability, but in the Islamic spirit of compassion and generosity.
Through compassion and Shariah-Approved Micro-Lending
We are grateful to our donors from all over the world who help make our work possible.
We are helping a family every 4 minutes. The average Qarz-e-Hasna is $300, which can convert a borrower into a donor.
Our global network of volunteers dedicate their time and skills to support our poverty-alleviating work.
Akhuwat is registered in the UK with the charities commission (registered charity number 1136317). As per the requirements of the charity commission, our preferred method of donation is via one of the online links below (vs. bank transfers). This will enable us to fully acknowledge your donation, as well capture the relevant personal information to comply with our legal requirements.
Account Title: Akhuwat UK Trust
Account Number: 62226227
Bank Sort Code: 40-35-20
Name of Bank: HSBC
IBAN: GB10HBUK40352062226227
SWIFT Code: HBUKGB4B
Akhuwat UK Donations Hotline: +44 7700 175136
Akhuwat UK Donations Email : Donations@akhuwatuk.org
Akhuwat provides collateral- and interest-free loans to underprivileged families so they can help themselves out of poverty. With one of the highest loan return rates in the world, Akhuwat continues to transform lives one loan at a time. Akhuwat is registered in the UK with the charities commission (registered charity number 1136317)