 In this module, we shall be looking into the practice of Qard Hassan as practiced by an organization in Pakistan called Ahuwat. Ahuwat actually uses Qard Hassan as its main product and Qard Hassan is used as a loan product. Qard is offered to quite a number of people, especially those who are on the lowest rank of the society. It is an excellent use of Qard Hassan which generates excellent returns for Ahuwat Foundation. Abyeh returns Ate Kassan. It is important to highlight that the loans offered by Ahuwat, they are interest-free. Interest-free micro loans offered to people in this. Now, where does the return come from? Actually, this is not a return on the loan but it contributes to the income of Ahuwat Foundation. How? Ahuwat gives a person a loan of Rs. 50,000 and says that he returns Rs. 50,000. This is a basic characteristic of Qard Hassan. Now, that person puts a ladder on it. He puts a ladder on it. The Ahuwat person says that he kept this charity box on his ladder. If he himself has the money, then he can put the money in it. If not, it is okay as well. And you can encourage your customers to do the same as well. Even if you do not encourage, once they see this charity box, some of them, they would put their change or some small notes in this one. The actual amount of collection for Ahuwat through this process is actually quite huge. And it is estimated that this money coming to Ahuwat is a lot more than quite a number of microfinance institutions actually asking their customers to pay by way of a return on their loans. So, this is actually, this is why we say that this is an excellent use of Qard Hassan without breaching any career rules to generate some more income for the charitable activities of this organization. Now, as long as it is important, some people say that still Ahuwat might be benefiting from extension of these loans by way of extending this loan and creating this arrangement of collection of charity. This could be deemed a benefit which is attached with the interest-free loan. I do not think this is the case. As long as there are no contractual compulsions on the borrower to contribute back to Ahuwat beyond what the borrower has borrowed, it does not pose any career issues. So, this is actually one very innovative use of Qard Hassan in the context of a non-bank financial institution. There are rumors that Ahuwat might then be setting up a bank. I think that would be a very interesting development if that happens because in that case on top of the bank structure would be a foundation. Which has excelled with the help of Qard Hassan and that capital which would be contributed from Ahuwat Foundation along with other capital providers. That can become a basis for a new banking model which might have a lot of interesting implications for the future development of Islamic banking and finance. Not only in Pakistan but around the world as well.