What does Ayan Capital do?
Ayan Capital specializes in providing halal business car financing for private hire and business drivers looking for Shariah-compliant options, particularly for low-carbon emission vehicles. In addition to vehicle financing, the company has recently expanded its portfolio by launching Ayan Pay, a 0% interest financing solution for home repairs, renovations, car repairs, and furniture purchases.
How much did they raise?
The company received up to £25M in Shariah-compliant financing from Partners for Growth. Although the round does not fall under a specific series, the investment highlights strong support from key investors in the halal finance sector.
What are their plans for the money?
With the new funds, Ayan Capital plans to further develop its product offerings and solidify its market position in the UK. The expansion is expected to drive innovation in halal financial services and broaden access to ethical financing options.
What have they achieved so far?
Ayan Capital has demonstrated its capability by successfully launching Ayan Pay, marking its expansion beyond traditional vehicle financing to cater to a wider range of consumer needs.
