Shariah-compliant bridging lender Offa joins the ASTL

Offa has become the latest lender to join the Association of Short Term Lenders.

The bridging finance provider offers products that are designed in accordance with Islamic and ethical financing principles.

It provides commercial, residential, refurbishment and planning bridging loans, as well as development finance.

Bilal Ahmed, head of operations at Offa, said: “Shariah-compliant finance is now an established part of the mainstream UK financial services landscape, used by Muslims and non-Muslims alike. 

“With Offa, we have extended its reach into short-term lending, and are already seeing significant demand as property investors seek alternatives to the high street. 

“As a company that acts in accordance with ethical financing principles, we pride ourselves on being open and transparent in all our dealings and prioritise high quality customer service. 

“So, it was a natural fit with us to become members of the ASTL, which promotes these values throughout the industry.”

Vic Jannels, CEO at the ASTL, added: “As with all of our members, the team at Offa has demonstrated a customer focus and commitment to upholding and promoting our code of conduct, which is a kitemark of quality throughout the industry.
“I would encourage all brokers seeking a short-term lending solution for their clients to look for ASTL membership as a badge of quality.”

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