A cooperative society built on trust, ethics and cooperation.
Al Barkah Credit & Consumer Co-operative Society Ltd. is a voluntary, non-political, non-profit social service organisation based in Ahmedabad, Gujarat. We were established on 9 November 2020 with one clear purpose: to give people a dignified, interest-free & ethical alternative to exploitative interest-based lending by banks, moneylenders and informal savings groups.
We promote Service Charge Based Microfinance (SCBM) and run ethical microfinance within the cooperative credit format — so families, traders and small businesses can save, grow and borrow the halal way.
અલ બરકહ — વ્યાજ-મુક્ત, શરીઅત અનુરૂપ સહકારી સંસ્થા. સહકાર અને નૈતિકતાની શક્તિ.
Our Mission
To free our members from interest-based debt by offering ethical, Shariah-compliant savings and financing — transparently, affordably and with dignity.
Our Vision
A self-reliant, exploitation-free community where every family and small business can access halal finance and grow together.
Our Promise
No interest, ever. Members’ money is invested only in lawful (halal) businesses, and our accounts are published for every member to see.
Why Al Barkah exists
- Saving & cooperationCultivate the habit of saving and the spirit of mutual cooperation among members — and protect their savings.
- Interest-free financingProvide financing to members to meet their needs on easy, interest-free terms.
- Halal investmentInvest members’ funds in various businesses for lawful (halal) income.
- Essential goodsPurchase essential goods for members’ household and business needs.
- Holistic developmentSupport the overall development of members within society rules and cooperative law.
Our guiding principles
- Cooperative principles
- Service Charge Based Microfinance
- Financial prudence & compliance
- Professional governance
- Social performance management
Open to everyone in Ahmedabad.
Any resident of Ahmedabad city can become a member by submitting valid proof of residence and purchasing at least one share of ₹100. We serve entrepreneurs, unemployed youth, women in business and the underprivileged — regardless of religion or caste, with full transparency and without bias.
Guided by experienced, accountable people.
Shariah-compliant products
“The believers, in their mutual mercy, compassion and sympathy, are like one body.”
— Sahih Muslim