Dr. Muhammad Amjad Saqib founder of Akhuwat the world’s largest interest-free micro finance program

Today (July 15, 2018) I’m pleased to have a pre-recorded interview between my previous guest, Aneeqa Malik, and Dr. Muhammed Amjad Saqib, the founder of Akhuwat (http://www.akhuwat.org.pk/). Dr Muhammad Amjad Saqib is the Founder and Chairperson of Akhuwat, the world’s largest Qard-e-Hasan Trust, the world’s largest interest-free micro-finance program. He has also worked as a consultant for various international development agencies, such as the Asian Development Bank (ADB), International Labor Organization (ILO), UNICEF, the World Bank, Canadian International Development Agency (CIDA), USAID and DFIDDr. Dr. Saqib talks about the unique merits of Akhuwat in providing over 2.9 million poorer families in Pakistan with interest-free loans so they can become more self-reliant. Akhuwat aims to alleviate poverty by creating a bond of solidarity between the “haves” and “have nots.” How might this model of zero-interest banking be applied in Canada, the US and other countries?

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