Ayan Capital Secures Shariah-compliant Financing Facility Of Up To 25 Million From Partners For Growth

Ayan Capital , a fast-growing provider of halal vehicle financing, has secured up to 25 million in Shariah-compliant financing facility from institutional debt provider Partners for Growth PFG, a global private credit firm with a strong 20-year track record of backing high-growth technology and fintech companies in more than 20 countries. This investment reflects the rising demand for Islamic financial products in the UK and reinforces Ayan Capitals position as a key player in the sector.

Ayan Capital provides halal business car financing, serving private hire Uber, Bolt, etc. and business drivers seeking halal alternatives to purchase low-carbon emission cars. Operating in the 21.7 billion UK used car finance market - still dominated by non-tech players under regulatory scrutiny - Ayan offers a tech-led, commission-free model that puts customers first, financing them directly regardless of where they buy their car. Expanding beyond vehicle financing, the company recently launched Ayan Pay , a 0 interest, 12-month financing covering home repairs, renovations, car repairs and furniture purchases.

Ayan Capital more than doubled its financing issuance last quarter, growing 2.2x while maintaining a 0 non-performing loan rate - demonstrating the strength of its underwriting technologies and expertise. This latest funding follows Ayan Capitals recent 3.4 million Pre-Series A round.

With this new 25 million funding, which is based on Ijara wa Iqtina principles, Ayan Capital aims to accelerate growth, enhance its technology-driven underwriting capabilities, targeting 25 million in financing this year and 100 million in 2026, broadening access to halal financial products across the UK and laying the groundwork for a long-term vision that includes a UK banking license application.

Ayan Capital is building on the success of Alif Bank , also co-founded by Abdullo Kurbanov and based in Central Asia , whose digital transactions grew by 30x over three and a half years, serving over four million customers. Now, Ayan aims to become a UK leader in Islamic banking, leveraging the countrys strong regulatory environment.