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IFN Annual Guide 2021

Qard Hasan

English: benevolent loan
Alternate spelling: Qard Hassan, Qard al Hassan

Definition: A loan contract between two parties for social welfare or for short-term bridging finance. Repayment is for the same amount as the amount borrowed. The borrower can pay more than the amount borrowed so long as it is not stated by contract.

Most Islamic banks provide interest-free loans to customers who are in need. The Islamic view of loans (qard) is that there is a moral duty to give them to borrowers free of charge, as a person seeks a loan only if he is in need of it. Some Islamic banks give interest-free loans only to the holders of investment accounts with them; some extend them to all bank clients; some restrict them to needy students and other economically weaker sections of society; and some provide interest-free loans to small producers, farmers and entrepreneurs who cannot get finance from other sources.

News related to Qard Hasan (260)

Qard Hasan

Thursday, 25 Jun 2020 | Volume17.Issue26

Shariah Pronouncement

Changes to the AAOIFI Qard Hasan standard: A game-changer?

Friday, 20 Jul 2018 | Volume15.Issue30

IFN Correspondent Reports

TI provides Qard Hasan financing to DSI

Thursday, 10 Aug 2017 | Volume14.Issue33

News Briefs

Qard Hasan for Hamdard University students

Wednesday, 01 Jun 2016 | Volume13.Issue23

News Briefs

Warba reintroduces Qard Hasan

Monday, 27 Apr 2015 | Volume12.Issue17

News Briefs

A newly established Islamic bank would like to launch a credit card product based on Qard Hasan (an interest-free loan)

Wednesday, 10 Jul 2013 | Volume10.Issue27

Shariah Pronouncement

Qard and Zakat

Tuesday, 10 Dec 2019 | Volume16.Issue49

Shariah Pronouncement

The treatment of Qard in Takaful

Wednesday, 16 Dec 2015 | Volume12.Issue50

Features

Post-pandemic opportunities for Islamic finance in Singapore

Tuesday, 12 Jan 2021 | Volume18.Issue02

Special Reports

Growing Islamic finance in Tanzania

Tuesday, 22 Dec 2020 | IFN Annual Guide 2021

Features

Islamic microfinance critical for economic recovery: A micro and small enterprise perspective

Tuesday, 22 Dec 2020 | IFN Annual Guide 2021

Features

Public–private partnership for Islamic SMEs to survive

Tuesday, 22 Dec 2020 | IFN Annual Guide 2021

Features

Kyrgyzstan: Islamic finance to mobilize domestic resources and attract additional investments

Tuesday, 22 Dec 2020 | IFN Annual Guide 2021

Features

Can social Islamic finance instruments help the economic growth in 2021?

Tuesday, 15 Dec 2020 | Volume17.Issue50

IFN Correspondent Reports

Bank Islam launches BangKIT Microfinance

Thursday, 26 Nov 2020 | Volume17.Issue48

News Briefs

IFN Non-Banking Financial Institutions Poll 2020: Winners revealed!

Tuesday, 10 Nov 2020 | Volume17.Issue45

Cover Story

CBI raises ceiling

Thursday, 22 Oct 2020 | Volume17.Issue43

News Briefs

The role of Islamic microfinance in the revival of MSMEs

Tuesday, 06 Oct 2020 | Volume17.Issue40

Special Reports

Shariah compliant regtech beyond self-regulated ecosystems

Tuesday, 22 Sep 2020 | Volume17.Issue38

Special Reports

CBI issues new resolutions

Wednesday, 26 Aug 2020 | Volume17.Issue35

News Briefs

COVID-19 and emerging Shariah issues in Islamic finance

Thursday, 30 Jul 2020 | Volume17.Issue31

IFN Correspondent Reports

CBI clears the air

Thursday, 16 Jul 2020 | Volume17.Issue29

News Briefs

A steady climb for Islamic finance: Is the worst behind us?

Tuesday, 30 Jun 2020 | Volume17.Issue26

Cover Story

Focusing on fintech

Wednesday, 24 Jun 2020 | Volume17.Issue26

IFN Correspondent Reports

Iran’s banking sector: Counting on consolidation?

Tuesday, 09 Jun 2020 | Volume17.Issue23

Cover Story

Meeting cash requirements, an urgent problem for Islamic banks

Friday, 29 May 2020 | Volume17.Issue22

IFN Correspondent Reports

Fighting COVID-19’s economic impact at the micro level

Thursday, 21 May 2020 | Volume17.Issue21

IFN Correspondent Reports

Interest-free microfinancings

Wednesday, 20 May 2020 | Volume17.Issue21

IFN Correspondent Reports

Iran: More to come

Tuesday, 19 May 2020 | Volume17.Issue20

IFN Analysis

Bosnia-Herzegovina: More players welcome

Tuesday, 12 May 2020 | Volume17.Issue19

IFN Analysis

Participation banks take measures against COVID-19

Thursday, 07 May 2020 | Volume17.Issue19

IFN Correspondent Reports

Afghanistan: What to expect in 2020?

Wednesday, 06 May 2020 | IFN Annual Guide 2020

Features

Islamic microfinance: Small but with mighty potential for the next decade

Wednesday, 06 May 2020 | IFN Annual Guide 2020

Features

Unlocking Islamic social finance to fight impact of COVID-19

Tuesday, 21 Apr 2020 | Volume17.Issue16

Features

COVID-19: Strange times, familiar principles

Tuesday, 21 Apr 2020 | Volume17.Issue16

Special Reports

IFN Weekly Roundup: 11th–17th April 2020

Friday, 17 Apr 2020 | Volume17.Issue16

IFN Reports

Can microfinance soften the economic impact of the coronavirus pandemic?

Tuesday, 14 Apr 2020 | Volume17.Issue15

IFN Correspondent Reports

South African firm sets up Islamic trust fund to support struggling MSMEs during COVID-19

Monday, 13 Apr 2020 | Volume17.Issue15

IFN Reports

Islamic solidarity in the face of the consequences of the coronavirus

Friday, 10 Apr 2020 | Volume17.Issue15

IFN Correspondent Reports

New resolution on donation-based crowdfunding to combat COVID-19 in Iran

Tuesday, 07 Apr 2020 | Volume17.Issue14

Special Reports

Microfinance: More data, cohesive collaboration and efforts needed

Tuesday, 24 Mar 2020 | Volume17.Issue12

IFN Analysis

Can the debt be considered as capital for a Mudarabah transaction?

Tuesday, 17 Mar 2020 | Volume17.Issue11

Back to Basics

Company Focus: NRB Commercial Bank–Al Amin

Tuesday, 18 Feb 2020 | Volume17.Issue07

IFN Reports

Accounting changes for Islamic insurers

Tuesday, 18 Feb 2020 | Volume17.Issue07

Features

Can Islamic finance increase financial inclusion and economic development?

Tuesday, 28 Jan 2020 | Volume17.Issue04

Special Reports

Indonesia to host inaugural Meeting of Minds Forum 2019

Tuesday, 10 Dec 2019 | Volume16.Issue49

Events report

Fund Focus: Trust Waqf Fund

Tuesday, 26 Nov 2019 | Volume16.Issue47

IFN Reports

Shariah resolutions as determining factors in treasury products

Tuesday, 26 Nov 2019 | Volume16.Issue47

Features

The Islamic Finance and Sukuk Handbook – where Shariah meets commercial demands

Tuesday, 08 Oct 2019 | Volume16.Issue40

Book Excerpt

Islamic microfinance — making financial inclusion work for women

Friday, 27 Sep 2019 | Volume16.Issue39

IFN Correspondent Reports