🚀 A Major Milestone in Islamic Finance! 🌟 Birmingham-based Islamic fintech pioneer Offa has acquired Bank of Ireland's Alburaq Sharia-compliant home finance portfolio, marking the first-ever sale of an Islamic home finance book in the UK. 🔗 Dive into the full story here: https://lnkd.in/d4nYFUTn This acquisition involves over 350 home purchase plans, providing customers with enhanced access to Sharia-compliant property finance options. It also highlights Offa's ongoing commitment to ethical and innovative financial solutions. 🌟 Special mention to Amir Firdaus, CFO of Offa, for steering this monumental deal, and a nod to Norton Rose Fulbright, who facilitated the creation of a Sharia-compliant funding structure—marking a new chapter in the evolution of Islamic finance in the UK. Kudos to Offa, Bank of Ireland, and everyone involved in driving such impactful progress in ethical banking! Stay tuned with Fintech Industry Examiner for more updates on how fintech continues to reshape global finance. #IslamicFinance #FintechInnovation #ShariaCompliant #Offa #BankOfIreland #UKFinance #EthicalBanking #FinancialTechnology
