Ayan Capital rises 25 million pounds to develop Halal vehicle funding in the United Kingdom

Ayan Capital, a specialist in Halal of vehicles, has just secured an investment of 25 million pounds from Partners for Growth (PFG), a major player in private credit. This fundraising, in accordance with Muslim ethics, confirms the development of Islamic financial products in the United Kingdom. Intended for VTC drivers (Uber, Bolt) and professionals looking for ethical solutions for the purchase of little polluting vehicles, Ayan Capital is distinguished by its technological model without commission. The company, which has more than doubled its volume of funding in the last quarter, now aims 100 million pounds of outstanding by 2026.

In addition to car credit, Ayan launched Ayan Paya payment solution in 12 months without interest for daily expenses (work, furniture, etc.). Raised by dazzling growth and a fault rate of 0%, the start-up is based on the expertise of its CEO, Abdullo Kurbanov, co-founder of Alif Bank in Central Asia. With only 0.1% of British banking assets, Islamic finance remains underrepresented despite increasing demand. However, the market could reach $ 15 billion in the medium term, according to Fitch Ratings.

“Choosing a halal option should not cost more”underlines Kurbanov. Supported by PFG, Ayan is already preparing a new lifting of 75 to 100 million pounds and plans a banking license.