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Qard Hassan is an interest-free loan provided for welfare purposes, aimed at helping individuals or communities in need without the expectation of profit. It is a concept rooted in Islamic finance, emphasizing social justice and support for those facing financial hardships. The borrower is required to repay the principal amount, but there are no additional charges or interest involved. This form of lending promotes altruism and encourages responsible financial behavior in accordance with Islamic principles.
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What is qard-e-hassana in Islamic banking?
Qard-e-Hassana is loan given in a form of gift without any condition of interest or additional payment. The intention of Qard-e-Hassana is to help the person meet the event of emergency or any immediate need. It may also be given by banks in case of loss in investment. However, a person who is availing it is expected to return when he/she is in a better position to do so.
When did Hassan Aziz Hassan die?
Hassan Aziz Hassan died in 2000.
When was Hassan Mohamed Hassan born?
Hassan Mohamed Hassan was born in 1906.
What is the name of kamal hassan's daughter?
shruti hassan & akshara hassan
What has the author Hassan Ibrahim Hassan written?
Hassan Ibrahim Hassan has written: 'Islam' -- subject(s): Islam, History
How do you spell hassan in farsi?
Hassan = Øسن
What is the birth name of Abbe Hassan?
Abbe Hassan's birth name is Abed Hassan.
When was Fuad Hassan born?
Farkhonda Hassan was born in 1930.
Muhammad Hassan or Daivari?
Muhammad hassan
What nicknames does Hassan Tantai go by?
Hassan Tantai goes by Hassan Abdulrahman, and Dawud Salahuddin.
What is the birth name of Hassan Mustafa?
Hassan Mustafa's birth name is Hassan Mustafa Ismail.
What is the birth name of Maryam Hassan?
Maryam Hassan's birth name is Maryam Aishah Hassan.
