About Us
Akhuwat’s Philosophy
Akhuwat gives interest-free loans, educates deserving students, and supports the underprivileged in our society.
In 622 CE, the Muhajireen (Immigrants) escaped their hometown Mecca due to religious persecution and moved to Medina. Prophet Muhammad (Peace be Upon him) called on the Ansars (helpers) of Medina to share their wealth with the Muhajirs (immigrants) and treat them like brothers. The Ansars responded positively to the call for Mawakhat (solidarity) and generously supported their destitute brothers and sisters. The event didn’t only defuse the crisis of the Muhajirs, but also, laid down the enduring tradition of Mawakhat: solidarity and social responsibility towards one’s fellow citizens.
From the beginning, Akhuwat adopted Qarz-a-Hassan, a term used by the Qur’an that literally translates to “a beautiful loan”, as its core strategy for microfinance.
This concept is an attempt to reignite the same pledge of Mawakhat (solidarity) and use it as a guiding light. Although Akhuwat derives its inspiration from the Islamic tradition of Mawakhat, it does not discriminate on the basis of religion, sect, caste, color, creed or gender. It provides support to all those in need, particularly ethnic and religious minorities with the hope to create a better and more just world; a world advocating mutual fraternity and inter-faith harmony. Akhuwat propagates inclusion instead of expulsion, social entrepreneurship rather than charity, and growth as opposed to stagnation.