Akhuwat Islamic Microfinance

A journey towards a poverty-free world


A poverty-free society built on the principles of compassion, solidarity and equity


To alleviate poverty by empowering the have-nots through interest-free microfinance

Akhuwat’s interest-free microfinance loans, launched in 2001, has supported hundreds of thousands of poor families till date. As Akhuwat’s core program, Akhuwat Islamic Microfinance (AIM) provides interest-free loans to the underprivileged to enable them in achieving self-reliance while creating sustainable pathways out of poverty.

AIM is the largest interest-free microfinance program in the world. It was set up as a company under “Section 42 of the Companies Ordinance 1984” with the objective of providing interest-free microfinance to the impoverished and underprivileged members of society so as to enhance their standards of living. Drawing on the principles of justice and brotherhood (mawakhat), AIM strives to alleviate poverty by creating a system based on mutual support in society. It works through establishing centers in religious places, fostering and harnessing the spirit of volunteerism, and aspiring to transform its borrowers into agents of change.

Exceptional trust that promises sustainable recovery rates

The trust and ownership of the program felt by poor communities is evident in Akhuwat’s 99.9% loan repayment rate. Loan application and disbursement procedures are designed to be helpful to low income borrowers – they are simple to understand, locally provided and quickly accessible with minimal paperwork.

Fueling Islamic Microfinance to reach Billions more

Akhuwat’s unique microfinance program has won many accolades, in Pakistan and abroad, and its innovative approach for poverty alleviation has been researched and studied in universities around the world. Akhuwat Islamic Microfinance is supported by the Federal Government and Provincial Governments of Punjab, Sindh, Balochistan, Khyber Pakhtunkhwa, Gilgit-Baltistan, and Azad Kashmir.

Associates of Akhuwat Islamic Microfinance

Akhuwat Housing Finance Company Limited

800+ Branches Serving to provide interest-free loans

Islamic Microfinancing expands to over 400 cities of Pakistan

Board of Directors

Complaint Handling Cell

Yousuf Adil
Chartered Accountants

Legal Advisor:
Hussain Ibrahim Muhammad

HelpLine / Contact:
Muhammad Anwar Ul Haq


Pakistan gets Ramon Magsaysay Award, popularly known as the Asian Nobel Prize.

The Award recognizes and honors individuals and organizations in Asia, regardless of race, creed, gender, or nationality, who have achieved distinction and have helped others generously without aiming for public recognition.

The award has been given to over three hundred personalities and organizations in the past five decades. The trustees of the foundation annually select the awardees who are then presented with a certificate and a medal with an image of Ramon Magsaysay. The award is regarded as the Asian version of the Nobel Prize.

This award is Asia’s premier prize and highest honor and is presented to outstanding individuals in Asia for their selfless contribution to their societies. Previous recipients of this award include Abdul Sattar and Bilquis Edhi, Mother Teresa, Dalai Lama, and Novel Laureate Dr. Muhammad Yunus.

In 2021 Dr. Amjad Saqib, Chairman Akhuwat, has been bestowed this award.

In electing Muhammad Amjad Saqib to receive the 2021 Ramon Magsaysay Award by recognizing the intelligence and compassion that enabled him to create the largest microfinance institution in Pakistan; his inspiring belief that human goodness and solidarity will find ways to eradicate poverty; and his determination to stay with a mission that has already helped millions of Pakistani families.
Akhuwat is the largest microfinance institution in Pakistan, offering a package of loans for the poor. It has distributed 4.8 million interest-free loans amounting to the equivalent of USD 900 million, helping three million families, with a remarkable 99.9% loan repayment rate.

Its phenomenal growth has fueled Akhuwat’s social support programs in fields like education, where, in partnerships with the government and others, Akhuwat has “adopted” hundreds of neglected and non-functioning public schools and established four residential colleges (one of them for women), and soon a university, for poor and deserving students. Akhuwat runs a health services program, helping hundreds of thousands of patients; a “clothes bank” that has distributed more than three million clothes for the needy; and a program of economic, health, and psycho-social services for the discriminated khwaja sira (transgender) community. In the Covid-19 pandemic, Akhuwat responded with emergency loans and grants, food relief, and other assistance in over a hundred cities in Pakistan.


Public-Private Partnerships

These are the partnerships between Akhuwat Islamic Microfinance (AIM) and Govt. Organizations. In which Govt. provides funds and operational cost while AIM manages all operations.

Read More

International Partnerships

These are the partnerships between Akhuwat Islamic Microfinance (AIM) and International Organizations. In which organizations provide funds and operational cost while AIM manages all operations.

Read More

Local Partnerships

These are the partnerships between Akhuwat Islamic Microfinance (AIM) and local organizations and philanthropists. In which local org. provides funds and operational cost while AIM manages all operations.

Read More


Interest-free loans helped them initiate their ventures, feed their families, bridge income-expense gap. They needed a single chance to transform their lives and they availed of it.

The smiles testify to their successful escape from poverty.


I was impressed by Akhuwat’s Islamic microfinance project. It is very innovative & addresses several important issues in current microfinance …
Piotr Korynski, Programme Director - Open Society Institute (OSI) USA
Very impressive. The programme is being implemented with missionary spirit.
Agha Ali Jawad, General Manager - National Rural Support Programme (NRSP)
I think Akhuwat’s use of the mosque as a place to do socially relevant activities seems to be very innovative. …
Professor M. S. Sriram, Indian Institute of Management, Vastrapur, Ahmadabad, India
What impressed me was that Akhuwat combined microfinance best practices with the deeply rooted cultural value that encourages people to …
Professor R. Srinivasan, Professor Finance & Control Area & Chairperson - Microfinance Group, Indian Institute of Management, Bangalore India.

A highly competent Institution with a most impressive design and operation.

Thomas Krinc, ILO Consultant

Akhuwat inspires in its entrepreneurial methodology of micro-credit delivery. The organization commendably demonstrates the simultaneous achievement of community based participation, …

Ms. Leslie Barcus, President - Microfinance Management Institute, Washington DC

Akhuwat is one of the most innovative microfinance models. It is most cost effective because of the creative use of …

Gaama Hishigsuren, PhD, Director Research and Development - Institute for Development Evaluation Assistance and Solutions, Georgia, USA

DISCLAIMER: “In case your complaint has not been properly redressed by us, you may lodge your complaint with Securities and Exchange Commission of Pakistan (the “SECP”). However, please note that SECP will entertain only those complaints which were at first directly requested to be redressed by the Company and the company has failed to redress the same. Further, the complaints that are not relevant to SECP’s regulatory domain/competence shall not be entertained.”

Our Partners


Akhuwat is the member of PMN

AIM has the certification of PCP

Status of company: Akhuwat Islamic Microfinance, A company set up under Section 42 of the Companies Act 2017 is a public interest company according to Third Schedule of Companies Act 2017