March 31, 2024
Qard al-Hasan
Qard al-Hasan is an Islamic financial concept rooted in the principles of benevolence and goodwill. In Arabic, “Qard” means loan, and “Hasan” translates to beautiful or good. This interest-free, benevolent loan system has gained prominence in Islamic finance as an ethical and socially responsible alternative to conventional interest-based lending. In this article, we will delve…
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