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Akhuwat's Journey.

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Akhuwat started in 2001, with a vision to eradicate poverty by helping people to help themselves. Our flagship scheme, Qarz-e-Hasna – microlending without interest (usuary) set a new precedent among Islamic charities and in traditional banking. Since then, our organisation has grown from strength to strength, earning international recognition. Akhuwat’s inspiring journey is detailed in our timeline below.

AKHUWAT TIMELINE

2001
AKHUWAT AS AN IDEA
  1. Feb – Akhuwat’s Inception
  2. 26th March – Operations Commence
  3. 3. April – disbursed first 2 amounts of Rs. 10,000 to recipients.
2003
AKHUWAT REGISTRATION
  1. May – Akhuwat’s Registration got registered under the Societies Act as a Not for Profit Organisation.
  2. December – Borrowers Tea Parties at Governor’s House – 500 borrowers hosted.
2004
PAKISTANI PRESIDENT AT EVENT
  1. Fundraising and Qarz-e-Hasna disbursement event held at Governor’s House presided over by the president of Pakistan.
2005
WOMEN EMPOWERMENT DASHBOARD LAUNCHED
  1. Funds provided to1100 women in Aiwan-e-Iqbal where Lt. Gen. Ret. Khalid Maqbool was the chief guest.
  2. November: 600 Women Empowerment Qarz-e-Hasna disbursed.
  3. Prominent figures invited to join Akhuwat as lifelong supporters.
2006
MILESTONES REACHED ON SOCIAL DASHBOARD
  1. April: Akhuwat was represented at the International MF Event (Morocco).
  2. July: Membership - Pakistan MF
  3. August: First branch launched - Lahore (Dijkot, District Faisalabad).
  4. September: First branch launched in South Punjab (Jahanian, Khanewal District).
  5. September: Membership - Pakistan Centre for Philanthropy.
2007
ESTABLISHMENT OF AKHUWAT HEAD OFFICE
  1. Operational Inauguration in Sindh.
2008
ENTREPRENEURSHIP AWARD
  1. Member Donor Programme commenced.
2009
MEMBERSHIP FEE ABOLISHED
  1. This helped increase access to our Islamic Micro-lending for more underprivileged communities.
2010
REGISTRATION IN UNITED KINGDOM
  1. 10th June – United Kingdom Government Registration.
  2. 18th November – 50th branch opened in Nowshera.
  3. Qarz-e-Hasna Disbursement Event in honour of the Italian Government. Event graced by His Excellency, Vicenzo Prati.
  4. Qarz-e-Hasna dispersed to 4,000 borrowers.
2011
ONE BILLION DISBURSEMENT
  1. March: PKR 1 Billion in advances disbursed to 90,000 families.
  2. 3000 families received Qarz-e-Hasna funds at Mosque Data Ganj Baksh (RA). The event was graced by the Chief Minister of Punjab. Partnership with the Government of the Punjab launched.
2012
ISLAMIC MF FORUM
  1. 22nd March: Muhammad Amjad Saqib delivers a lecture at Harvard University.
  2. March-April: Whirlwind tour of the US introducing Akhuwat.
  3. Anti-Poverty Vigil at Main Canal Road.
  4. Mega Disbursement Ceremony in Rawalpindi.
  5. Mega Disbursement Ceremony - Chief Minister’s Self-Employment Scheme (Al-Hamra Art Cultural Complex, Lahore).
  6. Attended Islamic MF Forum in Dubai on 08th.
2013
3RD GLOBAL ISLAMIC MF FORUM
  1. 25 August: CMSES Mega Disbursement Ceremony (Faisalabad).
  2. 26 September: Mega Disbursement Ceremony (Community Centre, Islamabad).
  3. 12 October: “Akhuwat Ka Safar” book launched at Al-Hamra Arts Council.
  4. Akhuwat board members deliver a lecture: ‘MF in Pakistan’ at:
    - Oxford University Pakistan Society
    - Kings College
    - Manchester University
    - School of Oriental and African Studies (SOAS)
    - Cambridge University and other educational institutions
  5. October: 3rd Global Islamic MF
  6. Christmas Cake Cutting Ceremony hosted at Cantt Church.
  7. 12 December: “I am the Change” Award received.
2014
FUNDRAISING DINNERS
  1. 30 January: “Akhuwat Ka Safar” book launched in Dubai.
  2. 27th of February-13th of March: Akhuwat Fundraising Dinners on USA tour.
  3. April: Grand Disbursement Ceremony of CMSES with Chief Minister of Punjab as Guest of Honour.
  4. Annual Dinner at the Governor’s House, Lahore.
  5. May: Akhuwat Clothes Bank inaugurated at Akhuwat Head Office.
  6. 18 July: Iftar Dinner in Dubai.
  7. Interfaith Harmony Event - St. Anthony’s High School (Youhanabad).
  8. 29th October: Ethical Finance Innovation Challenge Award received.
  9. November: Head Office opened by Mr. Shoaib Sultan Khan.
2015
INAUGURATION OF AKHUWAT COLLEGE
  1. April: CMSES Programme at Al Hamra Open Theatre.
  2. Akhuwat Ishtarak Project Disbursement at Rehmat Hospital including IDB.
  3. May: Gift Shop opened at Akhuwat Head Office.
  4. Christmas Celebration at Saint Anthony’s School.
  5. Grand Clothes Disbursement Ceremony at Head Office.
  6. Attended Two Day Conference “Leveraging Qarz-a-Hasan to Alleviate Poverty” (UCP).
  7. 15 November: FIRST inaugurated
  8. Disbursement with Pakistan Cricket Team at Akhuwat-Begum Trust Branch, Jamia Masjid Sadar Bazar, Lahore Cantt.
  9. Akhuwat Clothes Bank Vigil at Liberty Chowk.
  10. 07 October: Akhuwat College inaugurated in Lahore.
  11. BISP Disbursement at Mian Meer Darbar, Lahore.
2016
AKHUWAT’S 500TH BRANCH OPENED
  1. January: Mega Disbursement CMSES – Badshahi Mosque, Lahore.
  2. January: Push Cart Project inaugurated in Lahore.
  3. February: Launch of Community Policing Project with Punjab Police at Head Office.
  4. March: Akhuwat College 1st Annual Dinner.
  5. March: Attended International Conference on Biotechnology.
  6. 17 April: Akhuwat’s 500th branch was opened at Masjid Wazir Khan, Lahore.
  7. World Book Day celebrated in collaboration with SOS Children’s Village.
  8. Attended 6th Global Islamic MF Forum in Nairobi, Kenya.
  9. Akhuwat College hosted 2nd Annual Dinner.
  10. December: Christmas Celebration at Central Cathedral.
2017
DR. AMJAD SAQIB SPEAKS AT UNITED NATIONS
  1. April: Dr Amjad Saqib delivers lecture at United Nations.
  2. June: Dr Saqib presented “Akhuwat ka Safar” in the United Kingdom (Birmingham, Oxford, Cambridge and London).
  3. Attended Panel Discussion: “An Interaction with Donor and Funding Agencies” in Cambodia.
  4. Registered as a legal entity in Uganda, Africa.
  5. Attended the 30th RCCI Awards in Turkey.
  6. Dr Amjad Saqib introduced Akhuwat ka Safar at the Independence Day event in Sweden.
  7. 30th December: 705 Akhuwat Branches in total.
2018
ANOTHER MILESTONE
  1. MoU Signing Ceremony between Akhuwat and Ali Akbar Group – Ali Akbar Group to provide technical assistance and discounts on its products to Akhuwat beneficiaries (facilitating tools and technology access to beneficiary farmers).
  2. PKRs 50 billion disbursed – Mehfil-e-Tilawat-e-Quran and beautiful Quran recital by Qari Sadaqat Ali celebrate Akhuwat’s spectacular achievement. Mian Muhammad Rafique Rajwana, Governor of the Punjab attended.
  3. Akhuwat Sindh – disbursed more than PKRs billion with a 100% recovery rate. Qarz-e-Hasna disbursed to 45,000 families.
  4. Abdul Rehman Arif – a student of Akhuwat College Lahore granted a fully funded merit scholarship at Sukkur IBA University to study Electrical Engineering.
  5. Mega Qarz-e-Hasna Disbursement Ceremony at Badshahi Mosque: 25,000 Families received funds through our Qarz-e-Hasna scheme under the CM’s Self-Employment Scheme, benefiting 1.85 million households.
  6. Azmat Pakistan Foundation Tribute Ceremony.
  7. Mehfil-e-Tilawat-e-Quran-e-Pak held in Faisalabad, on achievingPKR 50 Billion disbursement among the marginalised fellow citizens.
  8. 17-year anniversary celebration at Governor’s House, Lahore. Its seventeen years of phenomenal success.
  9. “Islamic Economic Award”presented by the Islamic Economic Organisation (in collaboration with Istanbul University).
  10. Highest Compliments for the citizens of “Shahar a Iqbal” – PKR 35 million raised for Akhuwat University- Dinner hosted by Deputy Commissioner Sialkot.
  11. Akhuwat honours Sardar Ramesh Singh Arora and Amin Hafeez.
  12. Dr Amjad Saqib shares The Story Of Akhuwatat Al Banush Club, Messaied Industrial City Community, Qatar.
  13. 127 new families granted Qarz-e-Hasna funds and clothing gifts in Chitral.
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About Us

Akhuwat provides Qarz-e-Hasna to underprivileged families so they can help themselves out of poverty. Our borrowers/recipients repay only the capital amount, without interest. With one of the highest repayment rates in the world, Akhuwat continues to transform lives one Qarz-e-Hasna at a time. Akhuwat is registered in the UK with the Charities Commission (Registered Charity Number: 1136317).

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