What Is Al-Qard Al-Hassan? Hezbollah’s Bank Explained

Al-Qard Al-Hassan is a Hezbollah-linked financial institution operating across Lebanon that functions as an interest-free lending association for Shia Muslim communities, particularly in the southern suburbs of Beirut known as Al Dahiya. Built on the Islamic finance principle of qard in Islamic banking — which prohibits interest and frames lending as an act of charity […]