Offa, the award-winning British Islamic property finance fintech, has completed a £6.5 million working capital raise through an innovative sukuk and warrant structure. The sukuk is listed on The International Stock Exchange, Guernsey (TISE).The transaction attracted investors from both the UK and the GCC, reflecting strong confidence in Offa’s growth trajectory, business model and long-term strategy.The capital will accelerate Offa's next phase of growth, supporting further investment in technology, operations, customer experience and brand expansion as the business continues to scale nationally.The fundraising follows a period of significant momentum for the business. Since launching its regulated Home Purchase Plans earlier this year, Offa has expanded rapidly, moved into new headquarters in Solihull, doubled its workforce and continued to strengthen its position as one of the UK's leading providers of Sharia-compliant property finance.The successful completion of the transaction marks another significant milestone in Offa's journey as it continues to build a modern, technology-led Islamic finance business designed for customers across the UK.A sukuk is an Islamic financial certificate similar to a bond, but structured to comply with Sharia principles, which prohibit interest and require asset-backed, ethical arrangements.Sultan Choudhury OBE, Executive Chairman at Offa, said: “This raise is an important vote of confidence in Offa, our team and the opportunity ahead. To attract support from investors across the UK and the GCC through an innovative structure is a strong endorsement of our progress, our business and our ambition.”Utpal Shah, Group CFO of GII, the majority shareholder in Offa, and also an Offa Board Member, said: “We are delighted to welcome investors in this sukuk, who bring additional value to Offa’s journey. The company is building real momentum in Islamic finance, and we are excited to see Offa continue to scale, demonstrating the strong execution and innovation that creates long-term value for all shareholders”.Ian Dawson, spokesperson for AMS, Offa’s corporate finance adviser, said: “We are delighted to have supported Offa on this transaction. The successful execution of a structure of this nature reflects both the quality of the business and the confidence it continues to inspire in the market.”Offa, the UK’s first halal bridge finance provider, offers the widest range of Sharia-compliant property finance products in the country.In February, Offa launched its family-friendly Home Purchase Plan, a Sharia-compliant alternative to a conventional residential mortgage, with offers made within an hour depending on credit rating and risk criteria, supported by a modern, paperless application process.The launch followed a period of significant expansion, including the introduction of Offa’s bridge-to-let finance service in July 2025 and its acquisition of Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio.Offa’s legal advisers on the transaction were Keystone Law.NoYesFundraising News01 Jul, 2026