FUTURE PROGRAMS

Hasana Foundation Bangladesh will
1. Collect Zakah and distribute the money in appropriate disciplines/sectors according to Islamic Law.
2. Invest money (only those money collected for such purposes) in Income Generating Projects. For example, marketting: Schools, Colleges, Public Services, Publications etc. and consumable items, such as, cooking oil, spice (mashla) products, soaps, tooth pastes etc. either by being an agent or a dealer of a quality manufacturer or by going into actual production.
The profit thus earned will be used to meet the administrative costs and other costs as may be incurred for the running and/or supplementing the borrowers (who may be in difficulty to pay the money back in full owing to some unavoidable circumstances).
3. Borrow money from public, who would be willing to lend money to Hasana Foundation for a 3, 6, 12, 24 or 36 months term without interest (Karz-e-Hasana). Instead, Hasana Foundation will give a bond-type receipt to the honourable money lender and then distribute the money to the suitable applicants on the same term basis. It will also formulate how to collect the lended money back from the borrowers and execute it accordingly. At the end of the term Hasana Foundation will repay the money to the original lender on submitting the original receipt to the Foundation.
4. Provide Higher Education Loans without interest to the poor and needy students. Hasana Foundation will collect the money back when the borrower gets employment and starts earning salary.