# Qard al-Hasan (also used in German)

- Canonical URL: https://www.gerhardmerk.de/qard-al-hasan-also-used-in-german
- Post ID: 593548
- Modified: 2023-07-25T21:13:02+00:00
- Language: en

## Definition

In Islamic banking, this is understood to mean an interest-free, earmarked loan to the poor. As a rule, the granting of such a loan requires the recommendation of a religious authority; the loans are also usually secured. As a rule, they are not granted for consumptive purposes, but mostly for the (re)construction of houses and apartments, for medical treatment of the breadwinner (breadwinner: breadwinner of a family) and, more recently, often also as a monthly allowance for the acquisition of manual training. - See ijara, istisna, mudaraba, murabaha, musharaka, salam, sukuk, prohibition of interest. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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