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Overview of Interest-Free Loans in Pakistan

Akhuwat Interest-free loans have a long history in Pakistan, with the concept of Qard-e-Hasan being an integral part of Islamic finance. The idea behind Qard-e-Hasan is to provide financing to those in need without any expectation of profit or interest. In Pakistan, interest-free loans are offered by a variety of organizations, including non-governmental organizations (NGOs), microfinance institutions, and government agencies.
Interest-free loans are used to finance a wide range of activities in Pakistan, including small business start-ups, education, health care, and housing. For example, the Khushhali Microfinance Bank, one of the largest microfinance institutions in Pakistan, offers interest-free loans to women entrepreneurs for business start-ups.
Similarly, the Akhuwat Foundation, a non-profit organization, provides interest-free loans to low-income households for housing, education, and health care.

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Loan amount

Rs 1500

Over a period of

3 mth

Full cost

Rs 299,50*

Akhuwat Foundation has always been a pioneer in your life. For this reason, its founder has been awarded the Nobel Prize. It has made it extremely easy for the common Pakistani to take interest-free loans even where lenders have the toughest conditions. Our organization has very simple conditions that everyone can fulfill. According to the requirements of Islam, there is no interest in this loan program.



Why choose Akhuwat  for quick loans?

  • No fee's & no paperwork

  • Secure application

  • 100% online

  • Same day approval

Akhuwat Foundation Loan Apply Online in 2024

The loans that Akhuwat Foundation provides in Pakistan have numerous benefits. The first is that it provides financing for development projects that are otherwise not easily provided by other institutions. Akhuwat Foundation provides easy loans to small and large businesses across the country so that everyone can benefit from this project and take their business to new heights.
Akhuwat loans can help reduce the burden of external debt on Pakistan's economy. External debt has been a major challenge for Pakistan, with the country's external debt-to-GDP ratio hovering around 110%. By providing financing at lower interest rates, Akhuwat loans can help reduce the amount of interest that Pakistan has to pay on its external debt, thereby reducing the burden on its economy.

Smart ways to use Akhuwat loan

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Apply for Akhuwat Business Loans

Applicants must have a bank account and a valid identity card to apply for an Akhuwat Business Loan. Additionally, they need to be very clear about how they intend to use Akhuwat Foundation funds. The Akhuwat Foundation will decide after reviewing the application. After approval, the money will be transferred to the person's bank account.

Requirments to Apply for Akhuwat

Akhuwat Age Limit
Being between 18-62 years old and economically active.
Having a valid CNIC
Having a valid CNIC (Computerized National Identity Card).
Having a good reputation
Having a good reputation in your community.
Wait for Approvel
For the sake of verifying your application and validating, the Manager of the Akhuwat will take minimal time or may take time. If you get pre-approved, they will follow up with you about the next steps and loan general information.