Qard Hasan
The Good Loan
Who is it that will lend to Allah a good loan which Allah will multiply many times over for them, and they will have an honorable reward
Quran 57:11
Qard Hasan, or "Good Loan" in Islamic finance is a form of interest-free lending. It's a charitable act meant to assist someone in need without expecting any profit in return. The borrower is required to repay only the borrowed amount, without any additional charges or interest. This is a legal contract between the borrower, Al-Rashid, and you. Your support paves the way for a brighter, faith-centric future.
Rewarding benefits
- The Qur'an emphasizes Qard Hasan (6 times), promising abundant rewards and forgiveness for those contributing to a charitable cause
- Participate in reviving a practice of Prophet Muhammad (PBUH) by giving a good loan, fostering community, and supporting Muslim-led projects
- Contribute to the establishment of a new elementary Islamic school, aligning with Islamic financial principles and avoiding interest. This act ensures that our school is built on Halal Funds, avoiding Riba and making your contribution even more rewarding
Contract terms
- Money-back Guarantee - We commit to a full refund upon demand through a legally binding and confidential contract
- Flexible Payment Options - Accepting funds via wire transfer, credit card, or cash
- Payback Method - Your money will be returned within two weeks in the form of a cheque upon your request.
3 Ways to Make a Difference
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