Verse 64-17 of The Holy Quran 'If you lend unto Allah Qardan Hasana ( a good loan – a loan without Interest), He will multiply it for you and He will forgive you, for Allah is the Most Appreciative , Most Forbearing'
His Holiness Dr. Syedna Mohammed Burhanuddin Saheb (TUS), Leader of the Dawoodi Bohra Community, has repeatedly encouraged, ordained, guided his followers to abstain from the evils or Riba(Interest) and encouraging his followers to give Qardan Hasana individually and through institutions.
To promote, propagate, foster and implement the concept of Qardan Hasana..To establish and organize other supportive and relative Qardan Hasana Schemes under BQHS..To grant or give as Qardan Hasana for the Relief of Poverty,Medical purposes and for general public utility.
Qardan Hasana (a good loan – a loan without Interest) is an Azeem Nemat bestowed upon us by Allah Ta’ala. The Holy Quran repeatedly warns us against the evils of Riba (Interest) and lays emphasis upon giving of Loans without Interest familiarly known as “Qardan Hasana” in the many verses.