Qard Hasan

Qard Hasan is a type of loan in Islamic finance where the lender provides money or resources to the borrower without charging any interest or profit. The borrower is expected to repay only the original amount borrowed, emphasizing charity and helping others in need. It fosters trust, compassion, and community support, aligning with Islamic ethical principles. Qard Hasan is often used for charitable purposes or assistance without financial gain for the lender, promoting social justice and solidarity within the community.