Key Takeaways
- • Ayan Capital, a London-based Islamic fintech specializing in car finance, has secured a £75 million (approximately $100 million) Shariah-compliant debt facility arranged by Triple Point, marking significant institutional validation for the company's growth trajectory.
- • The facility is structured as an ijara-based arrangement, demonstrating institutional appetite for Shariah-compliant private credit instruments and refinancing mechanisms in the UK fintech sector.
- • Ayan Capital launched its regulated retail product in late 2025 and has expanded its product suite beyond vehicle financing to include Ayan Pay, a 0% interest, 12-month financing product covering home repairs and renovations.
- • The financing will refinance existing debt obligations while funding new business expansion, positioning Ayan Capital toward its stated objective of building a comprehensive halal digital banking platform.
- • The transaction represents a substantial capital escalation for Ayan Capital—from early-stage cheques in the $1 million range to an institutional-scale facility—validating the commercial viability of Shariah-compliant fintech structures in the UK market.
Summary
Ayan Capital, a regulated London-based fintech offering Islamic car finance products, has secured a new £75 million Shariah-compliant debt facility from Triple Point, a specialist provider of private credit and alternative investment solutions. The facility, structured as an ijara-based instrument, will serve dual purposes: refinancing existing debt from previous lenders and funding the company's next phase of growth and product expansion.
The transaction underscores growing institutional confidence in Shariah-compliant financial structures within the UK fintech ecosystem. Triple Point's arrangement of the facility demonstrates that regulated Islamic banking and finance products—which prohibit interest (riba) and require asset-backed underlying transactions—are increasingly accessible through mainstream institutional capital channels rather than niche Islamic banking networks alone.
Ayan Capital's product footprint has expanded materially since launching its regulated retail offering in late 2025. Beyond vehicle financing, the company now operates Ayan Pay, a 0% interest financing product with 12-month terms designed for home repairs and renovations. This diversification positions the company toward its stated longer-term ambition of establishing a comprehensive halal digital bank, leveraging a broader customer base and recurring financing verticals.
The magnitude of the facility—£75 million—represents a material scaling of Ayan Capital's institutional funding profile. The progression from early-stage venture capital investment to institutional-grade private credit financing illustrates that Shariah-compliant fintech can achieve significant scale and attract large institutional lenders, a validation of both the commercial model and the regulatory framework supporting Islamic finance in the UK.
The transaction underscores growing institutional confidence in Shariah-compliant financial structures within the UK fintech ecosystem. Triple Point's arrangement of the facility demonstrates that regulated Islamic banking and finance products—which prohibit interest (riba) and require asset-backed underlying transactions—are increasingly accessible through mainstream institutional capital channels rather than niche Islamic banking networks alone.
Ayan Capital's product footprint has expanded materially since launching its regulated retail offering in late 2025. Beyond vehicle financing, the company now operates Ayan Pay, a 0% interest financing product with 12-month terms designed for home repairs and renovations. This diversification positions the company toward its stated longer-term ambition of establishing a comprehensive halal digital bank, leveraging a broader customer base and recurring financing verticals.
The magnitude of the facility—£75 million—represents a material scaling of Ayan Capital's institutional funding profile. The progression from early-stage venture capital investment to institutional-grade private credit financing illustrates that Shariah-compliant fintech can achieve significant scale and attract large institutional lenders, a validation of both the commercial model and the regulatory framework supporting Islamic finance in the UK.
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