Have questions about Akhuwat loans or how to buy your home? Our team is here to help you every step of the way
Akhuwat Foundation offers interest-free loans, so traditional refinancing does not apply. However, if you’ve already taken a smaller loan and now need a larger amount—for example, to expand your business or build a house—you may apply for a new Akhuwat loan. ✅ Best time to apply for a new Akhuwat loan: When your previous loan is fully repaid. When you need more funds for business or home construction. When you have a good repayment history. ⚠️ Avoid applying if: Your earlier loan is still active and unpaid. You cannot provide valid documents or references. Your income status is not clear.
At Akhuwat Foundation, we do not offer conventional mortgages with interest like banks do. Instead, Akhuwat provides interest-free (Qarz-e-Hasna) loans based on trust, transparency, and social support. However, for understanding purposes: A fixed-rate mortgage means the interest rate stays the same throughout the loan term. An adjustable-rate mortgage (ARM) means the interest can change over time based on market conditions. ✅ Akhuwat is different: No fixed or variable interest No interest at all – 0% markup Loan repayments are made in easy, flexible installments
A conventional loan usually comes from a commercial bank and includes interest charges, strict credit checks, and collateral requirements. In contrast, a Swift Loan from Akhuwat is: ✅ 100% interest-free (Qarz-e-Hasna) ✅ Designed for low-income and deserving families ✅ Requires no collateral or complex paperwork ✅ Based on trust and social welfare, not profit While conventional loans increase your repayment burden with interest, Akhuwat’s Swift Loan offers a simple, ethical, and supportive alternative to help you grow without financial pressure.
Yes, you can pay off your Akhuwat loan early—and the good news is: There are absolutely no penalties for early repayment. Akhuwat encourages borrowers to repay their interest-free loans (Qarz-e-Hasna) as soon as possible, so the same funds can help another deserving family in need. ✅ No interest ✅ No extra fees ✅ No early payment charges Paying early helps strengthen the cycle of trust and social impact that Akhuwat is built upon. You can apply for or manage your Akhuwat loan online at akhuwatbusiness.info.
Private Mortgage Insurance (PMI) is usually charged by banks when a borrower can’t pay a big down payment. It adds extra cost to your monthly loan payment. But with Akhuwat Foundation, you don’t need PMI at all. That’s because: ✅ Akhuwat gives 100% interest-free loans (Qarz-e-Hasna) ✅ There are no extra charges, no insurance fees, and no hidden conditions ✅ Loans are based on trust, not collateral or commercial rules So if you're applying for an Akhuwat home loan, business loan, or education loan, you never pay PMI. This makes Akhuwat loans more affordable for low-income families.
Have questions about Akhuwat’s interest-free home loan? We’re here to help you own your dream house with ease.
Akhuwat loans are interest-free and based on mutual support. While traditional refinancing doesn't apply, you may request an extension or adjustment through your local Akhuwat office if your financial situation changes. It’s a good idea to discuss options if you’re facing difficulty with repayments.
What is the difference between a fixed-rate and adjustable-rate mortgage (ARM) in Akhuwat's loan system?
A conventional loan usually comes from a bank or private lender and includes interest charges, strict eligibility, and lengthy paperwork. In contrast, an Akhuwat loan is 100% interest-free, based on trust and Islamic values. It is designed to support low-income families without the burden of interest or collateral. You can apply easily online without bank statements
Yes, you can repay your Akhuwat loan early at any time. There are no penalties, hidden charges, or extra fees for early payment. In fact, early repayment helps Akhuwat support more deserving families with interest-free loans. It’s a flexible and transparent system built on trust and social good.
Private Mortgage Insurance (PMI) is typically charged by commercial banks to protect themselves when a borrower pays a low down payment. However, Akhuwat Foundation does not require PMI, because it offers 100% interest-free loans without such additional costs. The program is based on mutual trust and social responsibility—not profit.
Akhuwat’s expert team guides you at every step of your loan journey.
Many people find home financing confusing. Akhuwat simplifies it by offering personalized, interest-free home loan options that help you save time and money—so you can focus on building your dream home.
