Greatness never wanes; instead, it always lasts through the ages. Men are born to die, but some live even after their deaths through noble deeds, such as Dr Amjad Saqib net worth, biography, services, and accolades for years. They cater to the needs of their respective clients in their portfolios. Today, we will talk about Dr. Amjad Saqib, who is behind the microfinance banking idea.


In this write-up, we will shed light on his early bio, modus operandi to success, service, and Dr Amjad Saqib net worth.

Poverty is not just lack of resources ; it is about deprivation- of social network, justice and morality. But poverty in its worst form is of hopelessness.

Dr. Amjad Saqib has changed the lives of millions of people through his novel financing.

Who is Dr. Amjad Saqib?

Dr. Amjad Saqib is a development practitioner, public servant, philanthropist, and founder of Akhuwat, the world’s most extensive interest-free microfinance programme. His professional expertise and employment history include general management, poverty alleviation, social development, governance, and educational reform in Pakistan. He has been nominated for the 2022 Nobel Peace Prize for poverty alleviation.

Dr Amjad Saqib Net Worth

According to Google, Wikipedia, Forbes, IMDB, and various other online sources, Dr Amjad Saqib net worth is as follows:

Dr Amjad Saqib net worth was between $3 million and $5 million. Amjad collected most of his earnings from his Yeezy sneakers. While he had exaggerated over the years about the size of his business, the money he pulled in from his profession ranked as one of the biggest celebrity cashouts ever.

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A Cursory Glance At His Bio

He was born in 1957 in Kampala. He joined Government College Lahore and went to King Edward Medical College to complete his MBBS. He was awarded the Hubert Humphrey Fellowship in 1955 and pursued his public administration degree at an American university.

He enrolled in a year-long programme at LUMS, which was in collaboration with McGill University and related to social enterprise and management In 2003, he decided to devote all his efforts to working for public welfare and social development through the establishment of Akhuwat and decided to resign from the Senate.

His Current Services

Dr Amjad Saqib provides consulting services to different organisations, including the International Labour Organisation, the Asian Development Bank, UNICEF, the World Bank, and the Canadian International Development Agency. He has been invited to speak on the issues of poverty alleviation and social entrepreneurship at different institutions, such as Harvard University, the University of Oxford, and the University of Cambridge.

He was invited to speak at the United Nations Economic and Social Council “Taking Action to Improve Lives” conference, where he spoke about the need to adopt an integrated and holistic approach towards poverty reduction.

His Services for the Government Sector

He has served in various high-level government positions in the Punjab Rural Support Programme, a rural development and microfinance initiative by the Government of Punjab, for seven years. The programme aimed at social mobilisation, community organisation, and the provision of financial access to the poor.

All these ventures notably contributed to the significant growth of Dr Amjad Saqib net worth

His Educational Services

He is the author of four books, is a well-known columnist, and has been writing for Daily Jinnah, Pakistan, Jung, and Nawa e Waqt. He is a regular guest speaker at the Civil Services Academy, the National Institute of Public Administration, LUMS, and many other professional forums.

Literary Works

  • Chaar Aadmi.
  • Integral Finance- Akhuwat A Case Study of the Solidarity Economy.
  • Maulo Musali.
  • Kamyab Log.
  • Shahar e Lab e Darya.
  • Gotam ky Daes Mein.
  • Akhuwat Ka Safar.
  • Dasht e Zulmat mein ek Diya.
  • Aik Yaadgar Mushaira.
  • Ghurbat or Microcredit.
  • Devolution and Governance: Reforms in Pakistan.

His Magnum Opus

Established in 2001, Akhuwat was the first organisation in Pakistan to tackle the issue of poverty through the disbursement of interest-free loans. Akhuwat’s Islamic Microfinance Programme has disbursed PKR 157 billion in interest-free loans with a repayment rate of 99.7% to 5.5 million families across Pakistan.

Akhuwat is founded in accordance with the Islamic Principle of the Brotherhood. It has expanded its work to include education, health, and supporting the most fringed elements of Pakistani society. Its programme includes Akhuwat Education Services, Akhuwat Clothes Bank, Akhuwat Transgender Programme, and Akhuwat Health Services. It has established the first fee-free university in Kasur.

His Achievements And Accolades

For his efforts to reduce poverty, the president of Pakistan gave him the Sitar e Imtiaz award in 2010. He was awarded a gold medal for his contributions to social change. Because of Akhuwat’s contribution to Islamic finance, the Abu Dhabi Islamic Development Bank and Thomson Reuters have given him the Lifetime Achievement Award.

The Government of Punjab named him Social Entrepreneur of the Year. Also, he received the Shane Pakistan award from the president of Pakistan. Recently, he received the Ramon Magsaysay Award for his first-of-its-kind interest- and collateral-free microfinance loan programme that has helped millions of low-income families. He was also the nominee for the 2022 Nobel Peace Prize.

His Personal Life

He is married to Farrukh Amjad, whom he believes is the strongest supporter of his mission. Together, they have two children whom he adores, Junaid Fareed and Farazeen Amjad Shahid.

Links to Follow

Dr. Amjad Saqib’s personal contacts:

Wrapping Up

In conclusion, we can draw the conclusion that Dr. Amjad Saqib is a social entrepreneur who has received proper recognition from national and international forums in addition to his net worth. He has the sublime goal of transforming the lower rungs of society into a potential entity that can bring true dividends to this nation.

He is empowering women as well as transgender people through his interest-free loan scheme. This unique idea in Pakistan is the brainchild of Dr. Amjad Saqib. He is a dedicated person who has the noble aim of eradicating social poverty through the provision of resources.

Frequently Asked Questions


Saqib is well-known all around the world. Queen Elizabeth II recently gave him the 31st Point of Light Award for the Commonwealth. Additionally, the Pakistani President gave him the “Sitara-e-Imtiaz” honour. Dr Saqib has dedicated his life to helping others to live a meaningful existence.

He laid the foundation of Akhuwat, the First Islamic Micro Finance, to uplift the talented poor of the society.

Based on the Islamic idea of Mawakhat, or solidarity, Akhuwat is a non-profit organization established in 2001.

Poor and worthy families would receive financial support through Akhuwat Islamic Microfinance (AIM) up to PKR 500,000 under the program above using Shariah-compliant goods. The goal of this plan is to aid the underprivileged both economically and socially. The timeframe for repayment ranges from 13 to 60 months.

Those who fit the program’s requirements are given loans to help them meet their needs with the help of interest-free loans. The applicant must provide two guarantors in the event of individual financing to qualify for an interest-free loan.