Lend to the community

A waqf is money you set aside for the sake of Allah, so it keeps doing good. Your money stays whole, in an account in your own name. It is lent to people in need, with no interest. They pay it back, and it is lent again — family after family, forever. While it waits, it is invested in halal ways.

What your waqf will do

One waqf does four good things. Here they are, in order.

  1. You register your waqf

    Lend once — money or property. It is recorded in your name, for good or for the period you choose, and it starts working that day.

  2. It becomes a free loan

    Your waqf is lent at 0% to someone who needs it. He pays it back, and then it is lent to the next person. It never stops going round.

  3. It earns while it waits

    Between loans, it is invested only in halal things — honest work. It never earns money for you personally.

  4. The profit helps people hit by disaster

    All the profit goes to Recovery — the fund that helps people hit by disaster. You keep none of it. That is how it is meant to work.

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How much, how often?

Any amount is welcome. Even $10 makes you one of our first lenders.

What should your waqf do?

Two families, one fund. Yusuf owes $4,000 on a credit card, and because of the interest he is paying it twice over. A lending waqf lends him the $4,000 with no interest. He pays it back over two years. Then the same money helps the next family — and the next, forever. Amina lost her home in a fire and needs help this month. An investing waqf puts its money to work, and what it earns reaches her — and she never owes a cent. You can choose either one. Neither is better. They meet different needs.

If you want to decide later, leave this empty. Your waqf is recorded, but it starts working only after you choose.

What I understand when I lend

I understand that the money I lend stays in an account in my own name, and is lent to people who need it. I do not choose who receives it. If it is invested, it is invested only in halal ways, under the rules the founder publishes. The site does not claim to have a board of scholars. It is lent with no interest. When disaster strikes someone, the community stands by him. What I lend keeps going round, helping families I will never meet. I am lending to the community, not to one person.
How the site stays free. qardon.org is free for you. Lenders, borrowers, buyers, sellers and dealers pay the site nothing. To keep it running, its real running costs, multiplied by a set number that adds a profit, are paid from the profit of the waqfs placed through it. This is never taken from the waqf money itself, never added to any price, and never a percentage of a sale. It is a condition for using the site, not a choice. By opening an account you accept it; without accepting it, no account can be opened. If you place a waqf, this condition becomes one of your waqf’s conditions. The site does not manage anyone’s waqf. It is a tool in the hands of the person who manages it — or in your own hands, if you manage it yourself. Fotoh is not a charity, and it takes no part in your deals or in the profit of your business. Terms, §3a
What kind of waqf is this? (you choose; the site never chooses for you · Terms, §3b)

Who is lending?

Lend first; make your choices later. Your waqf is the kind you chose above — permanent, or for a set time that comes back to you when it ends. It is open to all: it can pay for any interest-free loan. After you lend, you can customize your waqf on your dashboard — choose a purpose or a region — just by talking to the Companion, our helper.

Customize your waqf Optional. Choose where your waqf’s profit goes. If you choose nothing, it goes where it is needed most. ▾

Your account, your money

What you lend goes into an account opened for you alone — at your own bank, in your own name. Qardon never takes your money into its hands, and never keeps it for you. We only start the interest-free loans you have allowed. The money goes from your account straight to a family that needs it.

You do not enter any card details here, and no payment company stands in the middle. Your money stays in your name the whole time.

Preview. Putting money into accounts is not open yet. No money moves, and no account with money in it is opened. When you press the button, we record your membership and your waqf — nothing more. No card, no charge, and we never hold your money. We do not promise a date for a reply.

When you submit, you get a reference number. It is a record of your own intention — not a receipt, and not a tax paper. What you lend is an interest-free loan to the community, never charity. qardon.org issues no tax documents and promises no tax deduction. This is on purpose: it is a loan that goes round and grows, not charity that is used up once.