The operating model

100% to the pool. 100% to the borrower.

Qardon.org takes 0% from every donor contribution and 0% from every borrower disbursement. The trust is given whole. The borrower receives whole. Nothing in between can be confused with interest.

Three-vehicle halal portfolio funds the work.

Operations are funded primarily from investment yield on the pool, managed by an Investment Committee with independent religious-ethics oversight:

• Halal stocks — AI-screened daily against AAOIFI-aligned criteria; every trade approved by a human Investment Committee member before execution.
• Sharia-board-approved digital assets — dormant until the Sharia Supervisory Board issues written approval of specific instruments and strategies. Until then, allocation is zero.
• Small-business equity investments — direct profit-share partnerships with halal entrepreneurs the community is building, structured per established Islamic-finance partnership standards.

Yield + charitable support + lean technology billing.

When investment yield does not yet fully cover operations, the budget is supported by:

• Charitable contributions from Fotoh, Inc. — our affiliated for-profit technology company makes properly-documented, arm's-length charitable contributions to qardon.org under standard nonprofit-recipient rules.
• Lean SaaS billing from the technology vendor — the platform is built and operated by a sibling for-profit vendor under a Master Service Agreement. The vendor prices its services on the lean end of fair-market value given mission alignment.

We do not charge transactional fees on the pool to fill any gap. The principal stays whole. The borrower receives whole.

What we extend free to the community.

Qardon.org doesn't only run the lending pool. As a 501(c)(3) charitable mission, we fund the development of software the community needs and we gift it free to the institutions and people that serve the community. Examples:

• MMS — a full management system for community institutions (financials, events, congregation directory). Gifted free, forever.
• Live Athan free tier — daily companion app for prayer, the Quran, and scholar guidance. Free tier always free.
• Partner widget — embeddable donation widget any community institution can drop into their own website. No fee.

All of this is funded by qardon.org's operating budget — paid out of investment yield plus charitable support from Fotoh, Inc. This is a charitable program of the Corporation, not a giveaway from a vendor.

How Recovery is funded.

Recovery payouts come from investment yield on the pool — NOT from the principal. The principal is preserved. Recovery is calamity aid, NOT insurance. There are no premiums, no carriers, no underwriting in the actuarial sense, no deductibles, no claim adjusters.

When a member files a claim, the Recovery Review Committee verifies the calamity (police report, medical records, repair estimate). Approved claims are paid from the Recovery Fund, subject to fund availability — payouts may be full or partial.

Independent board + religious-ethics oversight + annual audit.

Qardon.org is governed by an independent Board of Trustees. A separate Sharia Supervisory Board approves the halal investment policy, ratifies every individual instrument class, and oversees lending compliance. An Audit Committee oversees the annual independent CPA audit. Form 990 is filed annually with the IRS and published openly.

Qardon.org operates entirely separately from any masjid's accounts. Money never sits inside a community-institution nonprofit; transfers (where applicable) are clean nonprofit-to-nonprofit. Masjids partner with us; they don't hold funds for us.