Islamic Microfinance

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App #025 · Qard Hasan · Zero Interest

Qard Hasan Platform

Zero-Interest Benevolent Loans
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My Portfolio
Amina Yusuf — Tailoring Business
📍 Nairobi, Kenya · Single mother, 3 children
OPEN
Needs $800 to purchase a sewing machine and fabric stock to expand her home tailoring business. Currently earns $120/mo. Projects $280/mo after expansion.
Funded$560 / $800
Interest: 0% (Qard Hasan)Term: 12 monthsFunders: 14
Ibrahim Al-Farsi — Fruit Stall
📍 Cairo, Egypt · Street vendor, 5 years exp.
OPEN
Requesting $400 to buy a refrigeration unit for his fruit stall to reduce spoilage and expand to selling juices. Repayment in 8 equal monthly installments.
Funded$160 / $400
Interest: 0% (Qard Hasan)Term: 8 monthsFunders: 7
Fatima Hussain — Online Store
📍 Karachi, Pakistan · College graduate
FULLY FUNDED
Needed $1,200 to launch an online abaya store (inventory + website). Fully funded in 4 days. Currently in repayment — month 3 of 18.
Repaid$200 / $1,200
Repayment on trackMonthly: $66.67Funders: 31

Global Impact

18,420
Borrowers Helped
$12.4M
Disbursed
97.2%
Repayment Rate
42
Countries

Why Qard Hasan?

In Islam, lending without interest is considered one of the highest acts of charity. The Prophet ﷺ said: "Every loan is a charity."

Traditional microfinance charges 20–40% interest. Ultra Chain enables Qard Hasan at scale — zero interest, autonomous repayment enforcement, global reach via UUSD.

Borrowers repay only principal. Sadaqah fund absorbs any defaults. No riba. No exploitation.