Connect Network is delighted to announce its partnership with Offa, a prominent provider of Islamic property finance in the UK. This collaboration is key to providing clients with ethical, Sharia-compliant finance solutions nationwide.
Introducing Offa’s Ethical Finance Solutions
Offa offers innovative financial products based on the principles of Islamic finance. These principles prohibit charging interest or investing in harmful sectors like alcohol, tobacco, animal testing, and the arms trade. Offa’s buy-to-let product uses a co-ownership-with-leasing model. This allows clients to purchase properties with Offa, gradually increasing ownership through regular monthly payments.
As the UK’s first provider of Islamic bridging finance, Offa brings significant expertise to Connect Network’s extensive network. The company recently introduced a fast, paperless buy-to-let service to simplify property purchases. With £220 million in Sharia-compliant funding, Offa is well-positioned to support ethical property finance in the UK.
A Partnership to Empower Clients
Kevin Thomson, Network Sales Director at Connect Network, said:
“We are thrilled to welcome Offa to the Connect Network network. Their innovative, Sharia-compliant finance solutions perfectly complement our diverse finance panel, enabling our advisers to serve better clients seeking ethical and interest-free property finance options. This partnership strengthens our commitment to offering inclusive financial solutions that meet the evolving needs of property investors across the UK.”
Through this partnership, Connect Network advisers will access Offa’s diverse range of Sharia-compliant bridging and buy-to-let products. Offa will also collaborate with Connect Network through webinars, events, and training sessions. These initiatives aim to promote awareness of Islamic finance principles and highlight the advantages of ethical lending.
Strengthening Distribution Across the UK
Sagheer Malik, Chief Commercial Officer and Managing Director of Retail Finance at Offa, commented:
“We are delighted to be working with Connect Network. Accessing their national network will allow us to assist mutual clients, widening the distribution of our modern, market-leading Sharia-compliant bridging and buy-to-let finance products through their appointed representative firms.”
This partnership underscores Connect Network’s commitment to empowering its advisers with cutting-edge financial solutions that cater to a wide range of client needs, from first-time buyers to seasoned property investors.
About Connect Network
Connect Network is an award-winning mortgage network of independent financial advisers. It provides tailored services to assist its appointed representatives (ARs) in achieving remarkable outcomes. The network prioritises innovation and inclusivity, consistently expanding its services to meet the varied needs of its members.
About Offa
Diverse Panel
