Malir University, has ongoing undergraduate programs in the heart of Bin Qasim Town, Karachi with more than 100 students in Bachelors in Economics, Development Sciences and Education with complete financial support from the donors. 

Students are sponsored by Dr. Tipu on the basis of Qarz Al Hasan (Qarz- e- Hasana) so that the graduates’ can serves the system and community in the near future. 

 

(Qardh al-Hasan (Arabic: قرض الحسن‎, transl. benevolent lending) is a form of an interest-free loan (fungible, marketable wealth) that is extended by a lender to a borrower on the basis of benevolence (Ihsan). Al-qardh, from a shari’a point of view, is a non-commutative contract, as it involves a facility granted only for the sake of tabarru’ (donation). Therefore, al-qardh al-hasan is a gratuitous loan extended to people in need, for a specified period of time. At the end of that period, the face value of the loan (asl al-qardh) is to be paid off. In other words, shari’a prohibits the stipulation of excess for the lender, as it amounts to riba, whether the excess is expressed in terms of quality or quantity, or whether it is a tangible item or a benefit. However, it is permitted that the repayment of qardh (loan extinguishing) is made with an excess (tangible item, benefit, service, etc), provided that such excess is neither expressly stipulated nor implicitly pre-arranged (through collusion or tawatu’) in the contract of loan.) (we can reduce the length) 

 

  • Programs to begin in 2021

With the help of the Zafar and Atia INCOR and the generous donors, Malir University will be opening the School of Pharmacy and School of Physiotherapy for Doctorate degrees. 

 

Cost per semester for each student for the undergraduate program is PKRS 50,000 USD 500