Islamic Car Finance by Ayan Capital

Launched in early 2024, Ayan Capital is a UK-based Islamic car finance platform offering Sharia-compliant vehicle financing solutions, primarily for business, private hire vehicle (PHV), and public carriage office (PCO) drivers. They provide financing of up to £50,000 for vehicles from any UK dealer using the Ijara wa Iqtina model, a rent-to-own arrangement compliant with Sharia principles. Features include flexible weekly payments, low deposits starting at 5% of the vehicle's value, and full ownership at the end of the term without a balloon payment.