Ayan Capital

Ayan Capital is a London-based Islamic fintech company providing Sharia-compliant vehicle financing to private hire drivers and Muslim consumers across the UK. Founded in 2023 by Abdullo Kurbanov, Firdavs Mirzoev and Zuhursho Rahmatulloev — the team behind Alif Bank, Central Asia's leading Islamic digital bank — Ayan was built to address a structural gap in the UK's £21.7 billion used car finance market, where approximately 75% of private hire drivers are Muslim yet Sharia-compliant alternatives to conventional lending have been almost non-existent.

Ayan's core product uses the Ijara wa Iqtina (lease-to-own) structure, fully compliant with AAOIFI Shariah standards and reviewed by Islamic scholars, to finance electric and hybrid vehicles for drivers working on platforms including Uber, Bolt and Wheely. The company's data-driven underwriting technology has enabled it to maintain a 0% non-performing loan rate while achieving 97% month-on-month growth. It has also launched AyanPay, a 0% financing service for car repairs and home improvements, as it builds towards a full-service Islamic neobank proposition.

Ayan Capital raised £2.8 million from Cur8 Capital and other investors, has financed over £3.4 million in vehicles, and subsequently secured a £25 million Sharia-compliant debt facility from Partners for Growth — one of the largest such financings by a UK-based fintech in recent years. The company is FCA-authorised and aims to raise a further £75–100 million to finance £100 million in assets and ultimately apply for a UK banking licence.