BaitunNasr

BaitunNasr Pioneer interest free banking institution in India established in 1976. Societies Act, 1960. Since its Registration, the Society has come a long way.

Bait-Un-Nas’r was set up as an Urban Co-operative Credit Society, on Friday, 1st October 1976, under the Maharashtra Co-op. It was registered in Co-operative Credit Sector to enable it to operate on banking lines, but without interest with the Registrar of Co-operative Societies, with the registration number BOM/RSR/786 OF 1976. It commenced its operation, in the office of MESCO, a Socio-Education

al Organization, with a meagre fund of Rs. 12,000/- only. The Society had been functioning with dedication to the ideals of co-operative service with its unique feature of interest free banking to members for a period of about 25 years from the year 1976 to 2000. It has branches in many localities in the region of Greater Mumbai. Its operations were running very smoothly. It was rendering excellent services to its members and depositors. During this period of 25 years no instance of irregularity or financial misdemeanor was observed. Prior to suspending its operations, the Society was considered as one of the leading co-operative credit societies of Mumbai and was constantly awarded with ‘A’ audit classification. It was also acknowledged as the best organized and managed financial institution in the country working on an interest-free basis. Bait-un-Nasr commenced its functioning with the aim of inculcating saving habits amongst the poor, lower middle, as well as middle class persons of the community and helping the needy amongst them through a system of interest free credit. It’s objects also encompasses providing low-cost houses to lower middle income group of the community. The operations of Bait-un-Nasr aims at creating an interest free economy.

Assalam Alaikum*إِنَّا لِلّهِ وَإِنَّـا إِلَيْهِ رَاجِعونَ*This is our painful duty to inform you all about the *sad dem...
12/06/2026

Assalam Alaikum

*إِنَّا لِلّهِ وَإِنَّـا إِلَيْهِ رَاجِعونَ*

This is our painful duty to inform you all about the *sad demise* of ailing *Irfan Merchant Sahab*, Founder Director of Bait-un-Nasr, Ex-Administrative Officer at MESCO and Managing Trustee of Rahat Welfare Trust, at around 9 PM yesterday, Thursday, 11th June 2026, at Mira Road. *The Janaza will be brought to Mahim Kabrastan for burrial at around 1 PM today.*

We share this moment of grief with his family and pray that ALLAH SWT forgive the departed soul and grant the highest place in Junnah.

June 2026 marks the Second Quarter of our financial year 2026-27 —a powerful pivot to turn strategy into measurable succ...
01/06/2026

June 2026 marks the Second Quarter of our financial year 2026-27 —a powerful pivot to turn strategy into measurable success, secure our members' wealth, and compound our growth for a record-breaking second quarter.


BaitunNasr

Eid Mubarak to all members and well-wishers. We pray to Allah Almighty to bring us a message of happiness, peace, protec...
27/05/2026

Eid Mubarak to all members and well-wishers.

We pray to Allah Almighty to bring us a message of happiness, peace, protection from evil and guidance on this Eid. - Ameen


Salim Kazi

12/05/2026
09/05/2026
https://youtu.be/B6XrKX38G64?si=swcs4fmbvq2aqoLiA thought‑provoking podcast on financial literacy and investment from a ...
08/05/2026

https://youtu.be/B6XrKX38G64?si=swcs4fmbvq2aqoLi

A thought‑provoking podcast on financial literacy and investment from a Shariah perspective, featuring three of India’s most respected voices in Islamic finance. Maulana Khalid Saifullah Rahmani, President of the All India Muslim Personal Law Board, joins M S Shabbir, Founder & Managing Director of SenSage Financial Services Pvt. Ltd., India’s only SEBI‑registered Investment Advisor focused entirely on Shariah‑compliant products and advisory. Anchored by M***i Ashfak Kazi, CEO of Family First Guidance Centre, the conversation brings together scholarship, on‑ground advisory experience, and community guidance to help Muslims in India understand how to grow and protect their wealth the Halal way. Ideal for anyone seeking clarity on practical, Shariah‑compliant investing in today’s financial markets.

A thought‑provoking podcast on financial literacy and investment from a Shariah perspective, featuring three of India’s most respected voices in Islamic fina...

A new financial month i.e. May 2026 is not just a change in numbers, but a fresh chance to grow, achieve, and succeed — ...
01/05/2026

A new financial month i.e. May 2026 is not just a change in numbers, but a fresh chance to grow, achieve, and succeed — an opportunity to realign your goals, strengthen your strategies, and turn aspirations into measurable results.


FY 2026–27 Mobilisation Planning Meeting – Bandra BranchAlhamdulillah! Today, 16th April 2026, the first Staff–PDAs meet...
16/04/2026

FY 2026–27 Mobilisation Planning Meeting – Bandra Branch

Alhamdulillah! Today, 16th April 2026, the first Staff–PDAs meeting of this financial year was conducted by the Divisional Manager, Mr. Nazir Tamankar, at the Bandra Branch to discuss and plan strategies for achieving the mobilisation target for FY 2026–27. All staff members, PDAs of the branch, and representatives from the Head Office participated in the meeting.

The PDAs and Staff engaged in a healthy discussion. The PDAs committed to increasing their daily collections and also pledged to open at least 10 new accounts every month.

The newly appointed PDAs— Mr. Anas Momin, Mr. Rehan Naik, and Mr. Muzammil Shaikh —were welcomed and felicitated in the society by presenting bouquets. The senior-most PDA, Ms. Wahida Shaikh, was also felicitated for her outstanding performance in the previous year.

With a great pain we share the news of the demise of Ex-Chairman of Bait-un-Nasr, Mr. Mohammed Ibrahim Ansari Sahab, on ...
15/04/2026

With a great pain we share the news of the demise of Ex-Chairman of Bait-un-Nasr, Mr. Mohammed Ibrahim Ansari Sahab, on Monday, 13th April 2026, at Nallasopara, after Maghrib.

We share this moment of grief with the family of the departed soul. May Allah SWT forgive his sins and grant him the highest place in Jannatul Firdaus. Ameen

إنا لله وإنا إليه راجعونSad DemiseWith a great pain we share the news of the demise of Ex-Chairman of Bait-un-Nasr, Mr. ...
13/04/2026

إنا لله وإنا إليه راجعون

Sad Demise

With a great pain we share the news of the demise of Ex-Chairman of Bait-un-Nasr, Mr. Ibrahim Ansari Sahab, today Monday, 13th April 2026, at Nallasopara, after Maghrib.

The timing of Namaz-e-Janaza and Tadfeen, will be taken place at Bait-un-Nasr Complex, Nallasopara Kabrastan at 12:00 AM tonight, In Sha Allah.

We share this moment of grief with the family of the departed soul. May Allah SWT forgive his sins and grant him the highest place in Jannatul Firdaus. Ameen

Address

Farida Apt. L. J. Cross Road No. 2
Mumbai
400016

Opening Hours

Monday 2pm - 9pm
Tuesday 2pm - 9pm
Wednesday 2pm - 9pm
Thursday 2pm - 9pm
Friday 2pm - 9pm
Saturday 2pm - 9pm

Telephone

+91-22-24458482

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