Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Strategy. Read the original article for full details.
Offa Joins Knowledge Bank to Expand Access to Sharia-Compliant Finance
Islamic lender Offa has joined Knowledge Bank, enabling brokers to more easily view and compare its product criteria. Offa recently launched a Sharia-compliant home purchase plan and has acquired a Sharia-compliant home finance portfolio from Bank of Ireland’s Alburaq.
According to Mortgage Strategy, Offa’s home purchase plan, introduced in February, offers a Sharia-compliant alternative to conventional residential mortgages. The lender states that it can make offers within an hour, depending on credit rating and risk.
In July 2025, Offa launched a bridge-to-let finance service. The lender’s recent acquisition of the Alburaq Sharia-compliant home finance portfolio further expands its presence in the UK property finance market.
For letting agents and inventory clerks, Offa’s addition to Knowledge Bank may provide more accessible options for clients seeking halal finance solutions. The integration is intended to support intermediaries in identifying suitable products for their clients and to increase awareness of Offa’s offerings within the intermediary market.
Source: Mortgage Strategy