QMB at a glance
Founded on December 13th 2007, and established more than 540 branches across the country, The Qarz Al-Hasaneh Mehr Iran Bank (QMB) is the country's first specialized full-fledged Islamic bank specifically engaged in providing benevolent loan called “Qard al-hasanah” that is absolutely interest-free. However; the bank is permitted to charge a minimum service charge (4%) to cover the cost of its administrative fees. 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.
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In recognition of the recent remarkable achievement, QMB has received an official certificate of commendation from Dr. Masoud Karbasian:
Governor’s Office of Golestan province pays homage to QMB for the way the bank has handled the prudent financial planning for women: Presenting a certificate of appreciation, Mrs. Kolsum Ghaffari, the director of Women and Family Affairs of Golestan’s Governor’s Office lately lavished praise on the managing director and employees of The Qarz Al-Hasaneh Mehr Iran Bank (QMB) for the appropriate measures adopted in the area of social responsibility particularly the interest-free loans made to the working-women in this province.
In a letter addressed to Iran’s Minister of Economic Affairs and Finance, Dr. Masoumeh Ebtekar, the current Vice President for Women and Family Affairs commended QMB that has leveraged its corporate social responsibility resources to encourage financial empowerment and independence of women! “I must commend the efforts made and the work carried out by The Qarz Al-Hasaneh Mehr Iran Bank best catering to the essential needs of the (single) working women in an attempt to socially empower vulnerable women in the community, which is very much appreciated from our side.”
Dr. Morteza Akbari is an economist and a professor with decades of working and teaching experience in the economy under his belt. He received his bachelor, masters, and Ph.D. all in accounting from reputable Iranian universities. Professor Akbari has taken the helm at the QMB since 2016 and ever since he has been leading the bank and has had a unique impact on the bank’s evolution.
Today, on the World Health Day, 7 April 2018, we honor the vital role played by The Qarz Al-Hasaneh Mehr Iran Bank (QMB)! Here is a broad outline of effective measures taken by QMB as a Financial Service Provider in the area of healthcare services since 2017:
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