
Qard al-Hasanah (Interest-Free Lending) and Financial Empowerment Office
Focusing on poverty eradication, job creation, housing provision, and medical assistance for the underprivileged, Alavi Foundation carries out the following:
Securing and expanding financial resources through:
National budget provisions.
Leveraging the foundation’s resources in the banking system.
Utilizing targeted facilities, provincial funds, charitable donations, and coordination with executive agencies.
Coordination with operational banks to resolve issues faced by applicants
Designing platforms for in-person and online loan services
Development and use of modern Islamic financial models and tools
Development and use of new socioeconomic credit scoring models
Achievements and transformational steps from March 2024 to 2025:

Issuance of 4,153 Qard al-Hasan loans for housing and medical purposes

Signing MOUs with Sina Bank and the Entrepreneurship Fund of Hope

Securing employment-generating credit facilities through provincial planning

Acquiring credit facilities mandated by the Islamic Consultative Assembly