Akhuwat Loan Foundation is an islamic foundation which provide loans to helpless people according to their need without any interest and demand. there is no any age limit anybody can apply for this loan.
What Is Akhuwat’s Interest‑Free Loan?
Akhuwat Foundation provides 100% riba‑free microfinance, where borrowers repay only the principal amount—no profit, no interest. This aligns with Islamic Qard‑e‑Hasan principles .
It is Pakistan’s largest interest‑free lender, having disbursed PKR 128–220 billion to over 3–6 million families, with a repayment rate of approximately 99.9% .
Types of Interest‑Free Loans
Akhuwat covers several categories:
Business/Family Enterprise Loan: PKR 10,000–650,000 for startups or expansion
100% interest‑free microfinance (Qard‑e‑Hasan) — borrowers repay only the principal amount, with no profit, markup, or interest charges .
Operates on donations and community trust, without requiring collateral .
To date, over 6 million families have benefited, with PKR 220 billion+ disbursed and a repayment rate of around 99.9% .
📦 Loan Types Offered
Akhuwat provides several tailored loan categories to support diverse needs:
Business (Family Enterprise) Loan: PKR 10,000–650,000; ideal for micro‑entrepreneurs and small businesses turn0search6turn0search13
The Akhuwat Foundation (اخوت فاؤنڈیشن) is a leading nonprofit based in Lahore, Pakistan, offering 100% interest‑free microfinance to marginalized individuals and families. Founded in 2001 by Dr. Muhammad Amjad Saqib, its mission is to alleviate poverty through dignity, community solidarity, and economic inclusion .
🌟 Key Highlights
- Akhuwat Islamic Microfinance (AIM)
Provides Qarz-e-Hasna (benevolent, collateral‑free loans) across Pakistan.
Loan amounts range typically from PKR 10,000 to PKR 650,000, depending on the scheme .
Over 4–6 million loans disbursed, totaling more than **PKR
Interest Free Microfinance
Akhuwat Foundation: Empowering Lives Through Brotherhood
Founded in 2001, Akhuwat Foundation is a pioneering nonprofit organization in Pakistan dedicated to poverty alleviation through interest-free microfinance and holistic community development.
Core Philosophy
- Inspired by the Islamic principle of Mawakhat (brotherhood)
- Operates on values of solidarity, compassion, and inclusivity
- Uses religious spaces like mosques and churches as loan disbursement centers to foster trust and reduce costs.
Interest-Free Microfinance - Over 4.5 million loans disbursed totaling PKR 128 billion
- Loans range from PKR 10,000 to PKR 650,000
- Focus on family enterprise loans, housing, education, health, and liberation from debt.