(i) To seek the pleasure of Allah by providing members with the
Opportunity to gradually disengage from usury (Riba) in its entire ramification.
(ii) To serve as a means of encouraging members to save part of their earnings.
(iii) To serve as a means of pooling resources of members together for the purpose of engaging in legitimate trade.
(iv) To provide a reserve fund for lending to members on an interest—free basis.
(v) To provide opportunity for purchasing vital goods/materials and repayment on an installmental basis with an appropriate profit margin agreed upon by the General/ Annual General meeting.
(vi) To engage in property development schemes for the benefit of members.
(vii) To encourage members on whom the Zakat is due, to develop the habit of paying the Zakat.
(viii)To organize target savings for Hajj (Annual pilgrimage) and other purposes
(ix) To have a special fund dedicated to assist needy members and non-members.
(x) To undertake any other projects that may be approved by the EXCO.