Akhuwat was founded in 2001 with the vision of creating and nurturing a poverty-free society to be built on the principles of compassion and equity, and to support the underprivileged members of the society in becoming self-reliant and contributing. Today, Akhuwat is the world’s largest interest-free microfinance program. Since its establishment, it has been able to disburse more than around $900 million. The number of loans exceeds 4 million, and the recovery percentage is more than 99.9%. Welcome to this case study, “An Interest-Free Microfinance Institution: Akhuwat Pakistan”, by Dr. Muhammad Amjad Saqib, Founder & Chairman, Akhuwat.

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