76,093 exclusive articles and counting...

IFN Oman Forum 2021

Qard Hasan

« Back to Glossary Index

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.

« Back to Glossary Index

News related to Qard Hasan (284)

CBI increases ceiling of Qard Hasan facilities

Wednesday, 28 Jul 2021 | Volume18.Issue31

News Briefs

The Qard Hasan banking experience in Iran

Thursday, 04 Feb 2021 | Volume18.Issue06

IFN Correspondent Reports

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

Interest-free microfinance for solar PV systems

Monday, 11 Oct 2021 | Volume18.Issue41

News Briefs

Waqf funds and equities endowment in Iran

Friday, 03 Sep 2021 | Volume18.Issue36

IFN Correspondent Reports

New Islamic finance product hits Sri Lankan market

Monday, 23 Aug 2021 | Volume18.Issue34

IFN Reports

Financing SMEs in Senegal through Islamic finance

Tuesday, 17 Aug 2021 | Volume18.Issue33

Special Reports

Elements of the investment agency agreement

Tuesday, 06 Jul 2021 | Volume18.Issue27

Back to Basics

The power of Islamic microfinance in eradicating poverty

Tuesday, 06 Jul 2021 | Volume18.Issue27

Special Reports

The Gambia welcomes its first fully-fledged Islamic microfinance institution

Tuesday, 15 Jun 2021 | Volume18.Issue24

IFN Reports

CBI approves payment deferrals

Monday, 14 Jun 2021 | Volume18.Issue24

News Briefs

Islamic microfinance: An alternative approach for poverty alleviation in Morocco

Tuesday, 08 Jun 2021 | Volume18.Issue23

Special Reports

Iran: A strong drive for innovative products

Tuesday, 18 May 2021 | Volume18.Issue20

IFN Analysis

Bosnia-Herzegovina: Building on potential

Tuesday, 11 May 2021 | Volume18.Issue19

IFN Analysis

Going for green: Islamic ESG financing in 2021

Tuesday, 27 Apr 2021 | Volume18.Issue17

Cover Story

World Islamic Fintech Awards 2020: Rainbow after the storm

Thursday, 08 Apr 2021 | Awards Report 2020

IFN Awards

New Takaful regulations for Algeria

Tuesday, 16 Mar 2021 | Volume18.Issue11

Features

Algeria: A special regulation for Takaful

Monday, 15 Mar 2021 | Volume18.Issue11

IFN Correspondent Reports

Algeria publishes decree regulating Takaful operations

Tuesday, 09 Mar 2021 | Volume18.Issue10

IFN Reports

Islamic financial instruments for social development

Tuesday, 02 Mar 2021 | Volume18.Issue09

Special Reports

Islamic fintech growing but needs solid enterprise risk management systems

Friday, 26 Feb 2021 | Volume18.Issue09

IFN Correspondent Reports

New player

Tuesday, 09 Feb 2021 | Volume18.Issue06

Editor`s Note

The pandemic’s effects on Islamic banks in Jordan

Tuesday, 02 Feb 2021 | Volume18.Issue05

Features

Islamic microfinance online education — a core ingredient for market growth

Friday, 29 Jan 2021 | Volume18.Issue05

IFN Correspondent Reports

Islamic social cryptos underway as part of Malaysian–Singaporean partnership

Tuesday, 19 Jan 2021 | Volume18.Issue03

IFN Reports

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 | Awards Report 2020

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