Breaking News
Offa Wins Prestigious Financial Services Business of The Year Award
Offa, the UK’s leading Islamic property finance fintech, has won the Financial Services Business of the Year award at the prestigious Islam Channel Business Awards 2025, which took place at the Hilton London Metropole.
Accepting the award, Sagheer Malik, Offa’s Chief Commercial Officer & Managing Director of Home Finance, said: “First of all I thank Allah SWT for this honour. Winning this award is a testament to the incredible team I have the privilege of working with every single day.
“At Offa we set out to make Islamic finance faster, fairer and more ethical. As the first Islamic property finance delivering fast decisions and service that rivals even conventional banks, I think this recognition shows that we are on the right path.”
The event, which took place on Friday 10th October, was attended by major industry players, dignitaries and global business leaders, along with and an esteemed panel of judges led by Sir Iqbal Sacranie OBE, founding Secretary General of the Muslim Council of Britain.
The whole room was moved by the words of Husam Zomlot, Palestine’s ambassador to the UK, who celebrated the ceasefire between Israel and Palestine which had begun that day. Other prominent speakers included Shirine Khoury-Haq, Group CEO, of The Co-operative Group, and the Rt Hon Sir Stephen Timms MP.
Commenting on winning the award, Sagheer Malik added: “When Sultan Choudhury OBE, Amir Firdaus and I took on Offa, our intention was simple – to breathe new life into a stale Islamic property finance industry and build something that Muslims could truly be proud of.
“We wanted Offa to be an aspirational company that embodies excellence, ethics and innovation, showing that Islamic finance can stand shoulder to shoulder with, and even inspire, the conventional market. This recognition is a reflection of our incredible team who have poured their hearts into making Islamic property finance faster, fairer, and genuinely world-class.”
Mohammed Alhassan and Pankaj Gupta, co-Founders and co-CEOs of GII, Offa’s majority stakeholder, said: “We are delighted that Offa’s sterling work in developing Islamic financial and mortgage products for a UK audience has been recognised by this prestigious award. Its use of market-leading fintech, ethical products and rapid decision-making makes it highly attractive to a range of clients. Congratulations on this magnificent success.”
The headline sponsor for the event was Orphans In Need, which supports and cares for more than 50,000 orphaned children in 14 countries worldwide, providing long-term, sustainable solutions and funding loving homes for orphans and widows.
Offa, the first company to launch Sharia-compliant bridge finance in the UK, recently launched an innovative bridge-to-let finance service combining its ultra-fast bridge product with its modern, paperless BTL. The company also recently purchased Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio in a landmark deal, and announced it had received Financial Conduct Authority authorisation to provide upcoming Islamic home purchase plans.
Offa received £230 million of sharia-compliant funding for its BTL product, offering significant capacity for the business to expand and diversify its financial propositions in the UK property market.
- NRF 2025: What Is The Most Overused Buzzword That You’ve Heard Today? Read more
- Why Financial Inclusion is Transforming the Way Consumers in Latin America Pay Read more
- EXCLUSIVE: “Leaning Into Home Lending” – Delphine Emenyonu, TSB in ‘The Fintech Magazine’ Read more
- Building a Product Team for the New Era of Payments Read more
- Banks Need to Help ‘Break the Spell’ of Romance Scams Read more