QMB at a glance
Having extended entirely on goodwill basis, with a benevolent concept of the role, The Qarz Al-Hasaneh Mehr Iran Bank, abbreviated as QMB, is Iran's first highly specialized full-fledged Islamic bank specifically engaged in providing a micro-loan called “Gharz Al-Hasanah” “Qard al-Hasan” or “Qard Hasan” (translates literally into an interest-free ‘good loan’) which is absolutely interest-free. The loan is essentially granted to the legal and individual entities in dire need for either welfare purposes or for fulfilling short-term funding requirements.
Latest News
The Qarz Al-Hasaneh Mehr Bank (QMB) of Iran which was established and registered as a private joint-stock entity in the year 2007 has become a publicly owned company!
Accessibility features to assist visually/physically challenged customers such as the blind, the partially sighted, elderly and pregnant customers:
The Qarz Al-Hasaneh Mehr Bank (QMB) of Iran and Iran Technical and Vocational Training Organization (Iran TVTO) have signed a memorandum of understanding expecting to forge an effective collaborative partnership.
Interest-free Loan Scheme for Students to Keep Pace with their Tuition Payment in Partnership with Student Welfare Fund of Islamic Azad University (IAU):
Healthcare and medical treatment have always been the center of attention in the community at which both people and health senior officials frequently take a fresh look due to the expenses involved especially as far as life-threatening and high-risk illnesses are concerned. Entering in this area by offering a 20 million Toman loan of zero interest for applicants, The Qarz Al-Hasaneh Mehr Bank (QMB) of Iran managed to attract a lot of interest from the media and attention from several Iranian prominent healthcare officials. The highlights of their views follow here:
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