Farz Foundation

The Farz Foundation is a social performance based poverty alleviation organization with a unique and innovative Islamic Microfinance model and business design according to the rules of shariah. It is the organization which has been formed on an ideological foundation with the notion of "partnership with the poor and profit and loss sharing" as its... prior investment methodology. The asset based Islamic Microfinance integrated approach is the basic tool of the foundation to get long term sustainability, because the Farz Foundation has a strong belief that the sustainability of the client is the sustainability of the organization. Farz foundation has also convicted to bring social change with poverty alleviation. MURABAHA (Islamic mode of sale and purchase) is the core product of Farz Foundation and FF is operational with this product under the Shariah compliance from 1 Jan,2010. As for as marginalized poor and destitute are concerning, Farz Foundation provides them "PRODUCTIVE ZAKAH" (donation) and "QARZ-E-HASNA" (interest free loan) to start their businesses after giving them the basic business training and providing them market linkages to make them able to Zakah payer but not Zakah receiver. HEALTH AWARENESS, BUSINESS Education and FARZ COMMITEE are the nonfinancial products of the institution.Read More