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Amjad Saqib
Amjad Saqib
Born1 February 1957
Kamalia, Punjab, Pakistan
NationalityPakistani
CitizenshipPakistan Pakistani
Alma materGovernment College University, Lahore

King Edward Medical College, Lahore

American University, Washington DC
Occupation(s)Social Entrepreneur, Philanthropist and Author
Known forAkhuwat Foundation, Largest interest-free Microfinance credit program
HonoursSitara-e-Imtiaz (2010)[1]
Life Time Achievement (2015)[2]
Ramon Magsaysay Award (2021)[3]
WebsiteOfficial website

Muhammad Amjad Saqib, (Punjabi, Urdu: امجد ثاقب; 1 February 1957) 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.[4] He has been nominated for 2022 Nobel Peace Prize for his work for poverty alleviation.[5]

Since its inception in 2001, the organization has now successfully disbursed over PKR 157 billion (US$884 million) in interest-free loans, helping over 5.5 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.[6] 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.[7]

Amjad Saqib is known for his work for social mobilization, poverty alleviation, microfinance, and education management.[8] 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.[4] He is the recipient of several national and international honors including Sitara-e-Imtiaz, a coveted civil award of Pakistan.[9] He also received "Asia's Nobel Prize" Ramon Magsaysay Award in 2021 for his organisation's interest-free loan programme.

Life and career

Amjad Saqib was born in 1957 in Kamalia, a small city in Punjab. After completing his early education, he joined Government College, Lahore, and went on to complete his bachelor's degree in medicine (M.B.B.S) from King Edward Medical College in 1982.[4] He was awarded the Hubert H. Humphrey Fellowship in 1995 and pursued his master's degree in Public Administration from American University, Washington D.C.[8]

Muhammad Amjad Saqib also enrolled in a year-long program at LUMS, which was in collaboration with McGill University related to Social Enterprise & Management. Additionally, he has completed several professional development courses on leadership from Harvard University.[4]

In 2003, he decided to devote all his efforts towards working for public welfare and social development through the establishment of Akhuwat and decided to resign from the Pakistani Civil Service.[10]

He provides consultancy services to different organizations including International Labour Organization, Asian Development Bank, UNICEF, World Bank, and Canadian International Development Agency.[8][11] He has been invited to speak on the issues of poverty alleviation and social entrepreneurship at different institutions such as Harvard University, University of Oxford, and University of Cambridge. He was invited to speak at the United Nations Economic and Social Council on ‘Taking Action to Improve Lives’ conference, where he spoke about the need of adopting an integrated and holistic approach towards poverty reduction.[11] He is also a member of Blessing for All foundation.[12][13][14] [15]

He is married to Farrukh Amjad; they have two children, Junaid Farid and Farazeen Amjad Shahid.

Akhuwat

Established in 2001, Akhuwat was the first organization in Pakistan to tackle the issue of poverty through the disbursement of interest-free loans also known as Qarz-e-Hasan.[16][11] In 2021, Akhuwat's Islamic Microfinance program has disbursed PKR 157 Billion ($884 million) in interest-free loans with a repayment rate of 99.7% to 5.5 million families across Pakistan. The organization has a network of more than 8000 employees in over 853 branches across 400 cities in Pakistan.[11]

Akhuwat is founded in accordance with the Islamic principle of MawaKhat or brotherhood. The earliest example of Mawakhat is seen in the solidarity formed by the citizens of Medina and the Muhajireen (or Meccans) who had migrated to Medina to escape persecution. The people of Medina shared half of their wealth and resources with the migrants. Inspired by this spirit, Akhuwat seeks to invoke this concept of brotherhood through its work. Keeping this in mind, Akhuwat believes in a poverty-free society that is based on the principles of compassion and equity.

Other than providing interest-free loans, Akhuwat has expanded its work into the field of education, health, and supporting the most marginalized segments of society. Akhuwat's programs include Akhuwat Education Services, Akhuwat Clothes Bank, Akhuwat Transgender Support Program, and Akhuwat Health Services. It has launched Pakistan's first fee-free University in Kasur. Akhuwat College, Kasur is a residential college that caters to students from low-income households who despite their talent and desire to pursue education are unable to do so due to financial constraints. The aim of the college is not only to provide these young people with quality education, but also focuses on cultivating their unique talents, inspiring a deeper sense of ethics, and inculcating the values of discipline, hard work, and volunteerism.[17]

Akhuwat University

Akhuwat's Education Services includes a network of over 300 schools and 4 colleges. Akhuwat has distributed 2.5 million clothes to low income families across all provinces of Pakistan. This project was appreciated by the Punjab Government and Federal Government.[18] He made a recent visit to Sweden and Denmark to encourage overseas Pakistanis to come forward and do the necessary effort at their end.[19] The Akhuwat Transgender Support Program provides psycho-social therapy, skills and vocational training, literacy and health workshops to thousands of transgenders across Pakistan. They have held free medical camps and awareness seminars, and provided free treatment and vaccinations for diseases such as hepatitis C and hepatitis B.[20]

Akhuwat University

Currently under-construction, Akhuwat University will be Pakistan's first fee-free university where students will pay their fees according to their means. Through a range of financial instruments, including scholarships and interest-free loans, Akhuwat will ensure equal access to quality education to all eligible students. The University embodies Akhuwat's long-term vision of development and prosperity by preparing a new generation of leaders that will transform their communities and country.[21]


Literary works

The literary works of Muhammad Amjad Saqib include:[22][23]

All Urdu books have been published by Sang-e-Meel Publications 35 Shahrah-e-Pakistan (Lower Mall), Lahore, Pakistan.[27]

Honors and awards

See also

References

  1. ^ "Pride of Performance, Tamgha-e-Imtiaz, Sitara-e-Imtiaz awards conferred". Business Recorder (newspaper). 2010-03-24. Retrieved 9 March 2021.
  2. ^ Salama (2015-06-03). "Life Time Achievement Award, ADIB and Thomson Reuters launch EFICA (Awards)". Halal Fous website. Retrieved 9 March 2021.
  3. ^ "Dr Amjad Saqib presented Ramon Magsaysay Award 2021".
  4. ^ a b c d e f g h Muhammad Ahmad (12 August 2011). "Amjad Saqib Profile". SCRIBD website. Retrieved 9 March 2021.
  5. ^ "Philanthropist Dr Amjad Saqib nominated for Nobel Peace Prize". The Frontier Pakistan. 24 April 2022. Retrieved 23 April 2022.
  6. ^ Syed Sadaat (2016-07-27). "In Edhi's footsteps, Social work through civil service is the future". DAWN (newspaper). Retrieved 9 March 2021.
  7. ^ "Akhuwat University". Daily Times (newspaper). 2018-07-05. Retrieved 9 March 2021.
  8. ^ a b c "Profile of Muhammad Amjad Saqib at Berkley Center, Georgetown University website". 10 January 2011. Retrieved 9 March 2021.
  9. ^ a b List of civil award winners Dawn (newspaper), Published 16 August 2009, Retrieved 10 March 2021
  10. ^ "Amjad Saqib profile on Pride Of Pakistan website". Retrieved 10 March 2021.
  11. ^ a b c d Michael Anielski (14 July 2018). "Amjad Saqib founder of Akhuwat the world's largest interest-free micro finance program". An Economy of Well- Being website. Retrieved 10 March 2021.
  12. ^ "Blessing for all established to highlight life of Prophet Muhammad". pakobserver.net/. Retrieved 2023-05-07.
  13. ^ "'Blessing for All' Foundation set up to highlight life of Holy Prophet". pakistantoday.com.pk. Retrieved 2023-05-07.
  14. ^ "'Blessing for All' highlighting message of Holy Prophet (PBUH)". dailytimes.com.pk/. Retrieved 2023-05-07.
  15. ^ "'Blessing for All Foundation' documentary highlights women's rights in Islam". en.dailypakistan.com.pk/. Retrieved 2023-05-07.
  16. ^ Muhammad Talha Salam (March 2014). "Business in the footsteps of Akhuwat". Dawn (newspaper). Retrieved 10 March 2021.
  17. ^ Joana Silva Afonso; Ajaz Ahmed Khan (16 July 2019). Emerging Challenges and Innovations in Microfinance and Financial Inclusion. link.springer.com. doi:10.1007/978-3-030-05261-4_4. S2CID 199297126.
  18. ^ Tasneem Noorani (2019-11-05). "Unsung Heroes".
  19. ^ "TEDx Talks ITU". YouTube. 2016-02-16.
  20. ^ "Transgender people get their blood screened". 2017-05-07.
  21. ^ akhuwat. "Akhuwat Education Services (AES)". Akhuwat | Islamic Micro Finance. Retrieved 2023-02-17.
  22. ^ "Dr. Amjad Saqib Books | Urdu Books". Amjad Saqib. Retrieved 2020-03-10.
  23. ^ "Dr Amjad Saqib | Author | Founder of Akhuwat Foundation". Amjad Saqib. Retrieved 2020-03-10.
  24. ^ "Akhuwat A Case Study of the Solidarity Economy)".
  25. ^ Via worldcat. OCLC 868428172.
  26. ^ (Professor), Syed Mubashir Ali; s̲Āqib, Muḥammad Amjad (2008). Devolution and Governance: Reforms in Pakistan. Oxford University Press. ISBN 9780195475210.
  27. ^ "Sang-e-Meel".
  28. ^ "Prime Minister conferred the Nazria-i-Pakistan award". Dawn. 2010-03-27.
  29. ^ a b salama (2015-06-03). "Life Time Achievement Award, ADIB and Thomson Reuters launch EFICA".
  30. ^ "World-changers: Social Entrepreneurs of the Year 2018". 2018-09-24.
  31. ^ "Queen recognises Pakistani volunteer with Commonwealth Points of Light award". Daily Times. 2018-03-28. Retrieved 2019-03-14.
  32. ^ "Her Majesty The Queen recognises Pakistani volunteer with Commonwealth Points of Light award". GOV.UK. Retrieved 2019-03-14.
  33. ^ "Pakistan - Commonwealth Point of Light". Points of Light - Prime Minister's Office 10 Downing Street. 15 March 2018.
  34. ^ "Philanthropist receives Commonwealth Points of Light award".
  35. ^ "Times of Islamabad".
  36. ^ "World-changers: meet the Social Entrepreneurs of the Year 2018". World Economic Forum.
  37. ^ "Comsats".
  38. ^ "Nation.com". 29 October 2020.
  39. ^ "Akhuwat - Projects | I Am The Change". Retrieved 2019-03-14.
  40. ^ "Impacting Real Change ― Engro honors the winners of I am the Change digital competition | Engro Corporation". www.engro.com. Retrieved 2019-03-14.
  41. ^ "Dr. Amjad Saqib".
  42. ^ "Meet the 2018 Islamic Economy Award Winners". Islamic Economy Award - Dubai Chamber.
  43. ^ "PM congratulates Dr Amjad Saqib for receiving Ramon Magsaysay award". 31 August 2021.
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