Qard Hasana is a benevolent loan, in which the borrower must only pay back the amount borrowed, with no interest...
It is one of the many ways in which Allah encourages us to circulate wealth, along with zakat (the third pillar) sadaqa (charitable giving) and awqaf (trusts). Qard (Arabic: قرض), translated as loan in English, means “to cut”, because historically the lender cut off part of their property to give to the borrower as a loan. The word hasan is derived from Ihsan (Arabic: احسان), which is translated as splendid or beautiful.
“Who will make a good loan to Allah so that He may multiply it for him? He will have a generous reward.”
(Qur’an 57:11)
“If you make a generous loan to Allah he will multiply it for you and forgive you. Allah is All-Thankful, Most-Forbearing”
(Qur’an 64:17)
"Establish salat and pay zakat and lend a generous loan (Qard Hasana) to Allah.
Whatever good you send ahead for yourselves you will find it with Allah
as something better and as a greater reward”
Qur’an 73:20
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Get in touch to discuss a loan...
Loaning Qard Hasana has historically been a powerful tool in establishing many British Mosques, and we are also gratefully accepting funds in this manner. Please get in touch to arrange using the form below. .