Muhammad Amjad Saqib, is a Pakistani social entrepreneur, development practitioner, former civil servant and author. He is the founder and Executive Director of Akhuwat Foundation, which is the world’s largest Islamic microfinance organization that provides interest-free loans to the most deserving segments of society.Since its inception in 2001, the organization has now successfully disbursed over PKR 130 billion (US$853 million) in interest-free loans, helping over 3 million families across Pakistan. Adopting a multidimensional approach to poverty alleviation, Akhuwat has launched several other projects including Pakistan’s first fee-free university – Akhuwat College University – which is open to talented students from across Pakistan, who would otherwise not be able to afford higher education.[5] Akhuwat operates several other projects under its umbrella some of which include enhancing financial inclusion, access to education and healthcare, support of the transgender community as well as the provision of food and clothes.Amjad Saqib is known for his work for social mobilization, poverty alleviation, microfinance, and education management.He has authored nine books which include Akhuwat ka Safar and Molu Musali, which describe his journey in forming Akhuwat and he regularly writes columns in several Pakistani newspapers.He is the recipient of several national and international honors including Sitara-e-Imtiaz, a coveted civil award of Pakistan.[8] He also received “Asia’s Nobel Prize” Ramon Magsaysay Award in 2021 for his organisation’s interest-free loan programme.
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One comment
Ehtesham Suharwardy
October 6, 2022 at 1:30 am
mind blowing