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Ow) for collection and/or payment of remaining Qardan upon the Borrower s default in repayment of the Qardan Hasana either by non-payment of any one installment or by dishonor of any one installment check given by the Borrower. I represent and warrant that I have duly executed and delivered this Guaranty, even in case Borrowers declares bankruptcy or he/she expires. This Guaranty constitutes legal, valid and binding agreement, enforceable against me in accordance with its respective terms. AC.

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How to fill out the Saifee Qardan Hasana online

This guide provides a comprehensive overview of how to complete the Saifee Qardan Hasana application form online. Whether you are applying for personal or business assistance, follow these step-by-step instructions to ensure a smooth application process.

Follow the steps to fill out your application effortlessly.

  1. Click ‘Get Form’ button to access the application form and open it in your preferred editing platform.
  2. Enter your personal information in the designated fields. This includes your legal name, address, phone numbers, and email. Ensure that all details are accurate and reflect your official identification.
  3. Provide your education details, driving license number, Jamaat ID number, and information about your dependents. Answer the questions regarding previous contributions and assistance received.
  4. Complete the business and employment section by detailing your current employment status, monthly income, and the nature of your work. If applicable, include details about your business and its financial status.
  5. Disclose your financial information, including total monthly expenses and net assets. Accurate reporting is essential to evaluate your eligibility for the Qardan Hasana.
  6. Specify the total amount of Qardan Hasana you are requesting and the intended purpose for the funds. Ensure to write the amount in both numerical and word format.
  7. Outline your proposed repayment schedule, including the payment amount, duration, and start date. Indicate whether payments will be made via checks or auto debit.
  8. Provide the required information for your guarantors, including their names, contact details, and written consent. Ensure that they understand their obligations.
  9. Review your application for completeness. Ensure all necessary sections are filled out correctly, and all required documentation is attached.
  10. Finally, save your changes, download the completed form for your records, and print it if necessary. Once finalized, submit the form to the Anjuman-e-Saifee, Chicago Jamaat office.

Complete your application for the Saifee Qardan Hasana online today!

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Bohra Muslims are considered a sect of Shia Islam, primarily following the leadership of the Da'i al-Mutlaq. They maintain unique cultural and religious practices that distinguish them within the larger Shia Muslim community. Understanding the Shia perspective helps to appreciate the community's values and practices, including initiatives like Saifee Qardan Hasana, which aim to uplift those in need.

Yes, the Qardan Hasana Hussaini Scheme is designed with a refundable structure. Borrowers receive financial support with the understanding that they will repay the principal amount without any interest. This repayment approach allows individuals to regain their financial stability while ensuring that the funds can be reused to assist others in need. The Saifee Qardan Hasana emphasizes community welfare and sustainability.

Hasana in the Quran signifies anything good or virtuous, especially acts of kindness and charity. It encourages believers to engage in positive actions that benefit others and the community. Saifee Qardan Hasana incorporates this concept by motivating individuals to offer their financial support in a way that embodies goodness and social responsibility.

Concept. The concept of Qardh al-hasan is to assist the poor or needy by offering a loan without any interest. The Quran states that such a loan is beautiful and admirable because the borrower of such a loan is God; not the person receiving the money.

Qard hassan is a loan extended on a goodwill basis, mainly for welfare purposes. The borrower need only pay back the amount they borrowed, with no interest. On principle, Islam does not allow interest. Should a borrower encounter difficulty, the lender must extend the repayment time.

Qardh al-hasan (Arabic: قرض الحسن, transl. benevolent lending) is the one which is without a collateral. However some Ulama deem it a form of interest-free loan (fungible, marketable wealth) that is extended by a lender to a borrower on the basis of benevolence (ihsan).

Syedna Mufaddal Saifuddin is the 53rd al-Dai al-Mutlaq and present leader of the worldwide Dawoodi Bohra community. He has dedicated his life to the service of the community and the betterment of society at large, with a special emphasis on education, environmental responsibility and socio-economic development.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232