Qardh
The Interest-Free Loan
At Amal Microfinance, we believe in supporting our community without charging interest. Our Qardh product is a simple and ethical way to get the financial help you need.
Quick Approval
Emergencies can’t wait
Flexible Repayment
No pressure, no harassment
Shariah-Compliant
Approved by Islamic finance scholars
What Is Qard?
Qard Hasan is a interest-free loan offered by Amal Takaful where you:
Receive financial help for urgent needs
Repay only the amount you borrowed — no interest, no profit
Repay gently, in flexible installments
It’s not about profit. It’s about community care and empowerment.
Example:
You needed school fees of TZS 200,000 for your son urgently. With Qard Hasan.
Amal Takaful disbursed TZS 200,000 directly to your mobile wallet.
You agree to repay the same TZS 200,000 in 4 small monthly installments of TZS 50,000.
No extra charges, no interest, no hidden costs.
You got the help she needed on time. You repaid with dignity and peace of mind.
Key Features:
Ethical Financing: You repay only the exact amount borrowed, with no profit or hidden charges.
Quick Access: Funds are disbursed directly to your mobile wallet (M-Pesa, Airtel, Tigo) for emergencies.
Flexible Repayment: You repay gently in manageable installments, with no penalties for delays.
- Community-Focused: Designed to support vulnerable individuals and families during urgent needs like school fees, healthcare, or social welfare.
Qardh embodies the spirit of mutual support and solidarity. It’s a helping hand, not a transaction for profit, empowering you to manage your finances responsibly and in accordance with your faith
How Qard Works
It's a pure loan
We provide you with a sum of money.
Pay back only what you borrowed
You are only required to repay the exact principal amount you received—nothing more.
Repayable on demand
The loan is designed to be flexible, allowing for repayment whenever you are ready.
Who Can Apply?
- Families facing unexpected costs
- Students needing educational support
- Farmers or artisans needing emergency assistance
- Low-income households
- Women, widows, and vulnerable groups
What You’ll Need to Apply
- NIDA ID
- Mobile phone number (active with mobile money)
- Brief explanation of your need
Ready to Get the Support?
Join hundreds of families and individuals who have found dignity and relief through Qard Hasan
Frequently Asked Questions (FAQ)
What is Qard Hasan?
Qard Hasan is a benevolent loan where you borrow money for urgent needs and repay only the amount borrowed — with no interest, no profit margin, and no hidden charges.
Who can apply for Qard Hasan?
Families with urgent expenses (e.g., school fees, medical bills)
Low-income individuals and households
Farmers or artisans needing emergency support
Students requiring temporary financial help
Vulnerable groups such as women, widows, orphans
How much can I borrow?
The loan amount depends on your need and repayment ability. Qard Hasan is designed for short-term, small-ticket financing to cover emergencies and essential expenses.
How do I apply?
You can apply in three simple ways:
WhatsApp Onboarding Bot – quick, chat-based application
Amal Takaful Mobile App – apply and track your loan easily
Website Form – complete a secure online application in 5 minutes
How is the loan disbursed?
Funds are sent directly to your mobile wallet (M-Pesa, Tigo, Airtel) for fast, secure access.
How do I repay?
Repayment is made through your mobile wallet in small, flexible installments. You only repay the amount borrowed, without interest.
What happens if I cannot repay on time?
We do not charge penalties or interest. Instead, our team will work with you to restructure the repayment plan based on your situation.
Is this a grant or donation?
No. Qard Hasan is a loan to be repaid, but it carries no profit or interest. This ensures fairness while keeping funds available to support more community members.
Do I need collateral?
No. Qard Hasan is unsecured and provided on the basis of trust, need, and community support.
How fast is approval?
Most Qard Hasan applications are processed within 24 hours, especially for urgent needs.
Apply for Qard
Apply Now in 3 Easy Ways. Choose the method that works best for you:
- Chat instantly with our AI-powered WhatsApp onboarding assistant
- Submit your details
- Upload Documents
- Get updates in real-time
- Download the Amal Takaful Mobile App to apply
- Track Financing
- Manage Repayments
- All in one place
- Fill in our secure online form
- Simple
- Use Swahili or English
- Quick Response