FIN546

AL-QARDH
)‫(القرض‬
PREPARED BY WAN MAYUNI ALISSA BT W MOKHTAR
(2022919667)
 CONTENT
01 DEFINITION

02 OBJECTIVES OF AL-QARDH AL-HASSAN

03 PILLARS OF AL-QARDH AL-HASSAN

04 CONDITIONS OF AL-QARDH AL-HASSAN

05 TYPES OF AL-QARDH

06 FLOW OF AL-QARDH

07 EVIDENCE IN AL-QURAN AND SUNNAH

08 APPLICATION OF QARDH AL-HASSAN

DEFINITION
The meaning of the character "Qardh" in
Arabic is (‫)القرض‬
English: Loan (Cut off/interest-free)
Malay: Pinjaman (Tanpa bunga)

Literal meaning: The borrower takes ownership

of the property after completing the
transaction. The case because putting the
Qardh into practice indicates that the lender
would lose part of their property in exchange
for giving the loan to the borrower, which is
why it is mentioned in this manner. While
"Hassan" refers to a charity act. (AL-QARDH AL-
HASSAN)
 OBJECTIVES
To assist persons experiencing financial problems.

To prevent from engaging in interest (riba) based loans

banned in Islam.

To do a good act that Allah SWT and Prophet

Muhammad SAW encourage and praise.

Help people in need, to improve relationships between

the poor and the rich by getting people to share their
money.

To get cleared the unemployment problem.

PILLARS OF AL-QARDH AL-HASSAN

Debtor
Property
(Muqtaridh)
(Maal)

Creditor
(Muqridh) Ijab, and Qabul
(Sighah)
CONDITIONS OF AL-QARD

Both parties must be legally competent to enter

into the qardh contract.

Qardh contract can only be entered into with a

clear ljab (offer) and qabul (acceptance).

The loan agreement should include the loan's name

and payment due date.

The contract should be in writing so that both

parties have something to refer to in the case of a
dispute.
 TYPES OF
AL-QARD
Qardh Hassan Qardh Ribawi
FLOW OF AL-QARDH
Muqridh (creditor)

MAAL
QABUL IJAB
(PROPERTY/ASSET)
(ACCEPTANCE) (OFFER)

Muqtaridh (debtor)
EVIDENCE IN AL-QURAN
AND SUNNAH

“Who is that will grant Allah a goodly (sincere) loan so that He will repay him
many times over? And (remember) it is Allah who decreases and increases
(sustenance) and to Him you shall return.

- Surah al-Baqarah, verse 245.

Abu Hurairah narrated that the Prophet (peace be upon him) said: “Whoever
takes people’s wealth with the intention of repaying it, Allah will repay it on
his behalf; and whoever takes it in order to use it up, Allah will destroy him"

- Al-Bukhari, Sahih al-Bukhari, hadith no. 2212.

APPLICATION OF QARDH
AL-HASSAN

GOVERNMENT HYBRID ISLAMIC

PERSONAL
INVESTMENT CREDIT CARD
FINANCING
CERTIFICATE
FLOW OF PERSONAL LOAN(RAHN)
BASED ON AL-QARDH

RM20,000

RM20,000
THANK'S FOR FIN546

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