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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 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)
