Akhuwat Business
| Akhuwat Business () | |
|---|---|
| 💶 Currencies accepted | |
| 💳 Payment Accepted | |
| 💲 Price Range | |
| 🏡 Address | Karachi City, Statelife building, 1 I.I Chundrigar Rd, City Railway Colony, Karachi, Pakistan |
| ☎️ Telephone | |
| 👩👩👦👦 Maximum Attendee Capacity | |
| 🚬 🚭 Smoking Allowed | |
Akhuwat Foundation is a non-profit microfinance organization that provides interest-free loans (Qarz-e-Hasna) to support individuals and small businesses. Established in 2001 in Pakistan, it aims to alleviate poverty and promote financial inclusion through a community-based model.
Key Features of Akhuwat Loan: ✔ Interest-Free Loans: No profit or markup is charged on loans. ✔ Loan Categories:
Education Loan – Up to ₹5 lakh for students. Marriage Loan – Up to ₹25 lakh for wedding expenses. Business Loan – Ranges from ₹50 lakh to ₹5 crore to support entrepreneurs. Housing Loan – Financial aid for home construction and renovation. ✔ Shariah-Compliant: Operates under Islamic Qarz-e-Hasna principles. ✔ Repayment Flexibility: Easy installment plans for borrowers. ✔ Funded by Donations: Supported through public contributions and philanthropy. Akhuwat Foundation has transformed thousands of lives by empowering individuals, encouraging self-sufficiency, and fostering economic growth without interest-based burdens.
