An independent 501(c)(3) nonprofit running a member-funded, interest-free lending pool. Open to all.
Qardon.org runs a community lending pool that gives without interest, borrows without interest, and catches members when calamity strikes. Members give what they can — even $10 a month qualifies. Members borrow when they need to. The pool sustains itself through mutual contribution and halal investment yield.
We are the alternative to the interest-based debt cycle. We are open to Muslims and non-Muslims alike. The mechanism is community-anchored; the participation is universal.
For roughly 1,300 years, communities ran institutions called Bait al-Mal — community treasuries that lent without interest, supported those in calamity, and operated on the yield of their own endowment. There were no premiums. No carriers. No usury. There was just a pool, a trustee, and a community.
During the era of Umar bin Abdulaziz, the pool grew so abundant that it became hard to find recipients who needed it. That was the proof of concept — and the historical reference for what we're rebuilding now, in software, at internet scale, open to everyone.
We use modern technology — Stripe, USDC, KYC, audited financials, halal-screened investments — to recreate the same mechanism. The principles haven't changed. The infrastructure has.
A small, independent nonprofit. Governed by an independent board. Overseen on religious-ethics by a Sharia Supervisory Board. Audited annually.
The Board is in constitution. Members will be announced as Form 1023 is approved and the organization is fully chartered. Initially: 5 independent directors representing finance, community institutions, religious scholarship, technology, and impact measurement.
The SSB is in constitution. It will oversee the halal investment policy, lending compliance, and the ethics-grounded operation of the pool. Members and rulings will be published transparently when the Board is seated.
The Qardon platform technology — software, the orchestration backend, this website, the masjid embed widget, the smart contracts — is provided under a Master Services Agreement by a sibling for-profit technology vendor. The vendor's compensation is disclosed in our annual transparency report. Qardon.org and the technology vendor operate at arm's length.
See the full public impact dashboard.