Development Loans

Hazina operates in a Shariah Compliant Financing Model where charging interest or “usury” is strictly prohibited. All our financing products have been structured to comply with the Shariah and to be in line with the faith and belief of all religions.

Our Development Loans have been designed on the concept of Qard el-Hasan “Benevolent” and are 100% interest free so as to fund both social and economic development needs of our members.

The products advanced under this category includes: Start up Loans for Business & Farming, Business Improvement Loans, Business Emergency Loans, Educational Loans, and Festival Loans.