Shariah Certification
Don’t take our word for it — verify it yourself.
Our Scholar
Chief Shariah Officer, Head of Shariah Supervisory Board
Mufti Amjad Mohammed is a leading scholar in Islamic jurisprudence and finance with over 25 years of experience.
As Qantara’s Chief Shariah Officer and Head of Shariah Supervisory Board, he oversees and ensures every Murabaha agreement and operational process adheres to the Qur’an, Sunnah, and AAOIFI standards.
He is the Principal Jurisconsult at Markaz al-Iftāʾ wa’l-Qaḍāʾ and Chair of Wifaqul Ulama Dar al-Ifta, providing scholarly leadership on finance, ethics, and Islamic law for UK Muslim communities.
Mufti Amjad also holds patents in chemistry, bridging faith, science, and modern industry — making him one of the UK’s most respected voices in contemporary Islamic finance.
how it works
Faith deserves diligence. That’s why we built a dual layered system that never stops working for you.
Tier 1
Complete review and approval of our entire framework
This provides us authority to certify finance partners who use our framework.
This is the foundation. Tier 1 proves that Qantara’s framework is genuinely halal and complies with Qur’an, Sunnah, and AAOIFI standards.
Tier 2
Each finance partner’s specific implementation of Qantara’s certified framework. When you purchase through us, we partner with external finance providers to offer the Qantara Murabaha — we certify that their implementation adheres to our halal structure.
We’re NOT certifying the finance provider as “halal overall.”
We’re certifying their QANTARA-BRANDED MURABAHA OFFERING with our customers.
Example: If we partner with a conventional lender (e.g., Abc Finance):
❌ We don’t certify Abc Finance as halal
✅ We certify “Abc’s Qantara Murabaha product”
Every 3 months, our Shariah Supervisory Board reviews a sample of transactions from each finance partner to verify:
(Available after launch)
Latest Audit Reports:
(Published quarterly after launch)
Ethical Finance
Our certified framework ensures every Murabaha agreement and customer journey complies with all key Islamic principles:
The finance partner genuinely buys the car before selling it to you.
Invoice in their name. Risk in their hands.
Finance partner bears the risk during ownership period (even if brief).
If the car gets damaged while they own it (extremely rare)?Their loss, not yours but of course nobody wants this to happen
The profit is disclosed and remains fixed. What you see is what we agree and that’s what you pay.
No compounding. No time-based increases. No penalties.
Example only:
Cost disclosed: £10,000 (what partner paid for car)
Profit disclosed: £3,000 (partner’s markup)
Total disclosed: £13,000 (what you pay, fixed forever)
No hidden fees. No surprises.
Late fees = admin costs only. Anything beyond actual admin → donated to charity
Compassionate solutions available for genuine hardship
Qur’an: “If the debtor is in difficulty, grant respite” (2:280)
All terms clear, certain, fixed from day one.
No variable rates. No hidden charges. No tricks.
Shariah Assurance
That’s how seriously we take Shariah compliance at Qantara. Your peace of mind is our priority.
View and verify our certificates
Access and review our audit reports (coming soon)
Contact us on: shariah@qantarafinance.com
Faqs
We don’t certify the lender as “halal overall.” We certify their Qantara-branded Murabaha offering with our customers.
Think of it like a halal menu at a non-halal restaurant. The restaurant isn’t halal, but that specific menu line can be — if it uses HMC-certified meat, separate prep areas, proper procedures.
Similarly, a conventional lender can offer halal Murabaha — IF they follow our certified framework exactly, which we verify quarterly.
Quarterly audits catch this. If a partner fails an audit:
Your existing agreement remains valid (it was compliant when signed), but the partner can’t take new customers until re-certified.
Currently, we match you to our certified partner(s) based on our screening processes. As we grow and add more partners, you may have options. But all partners are Tier 2 certified, so all are equally halal.
Three key differences:
Named, qualified scholar (not vague “scholars”)
2-tier system (framework + partner certification)
Quarterly audits (ongoing verification, not one-time)
Most Islamic finance gets one approval and hopes for the best. We verify compliance every quarter, forever.
Yes. As far as we know, we’re the first halal car finance provider in the UK to certify and audit our finance partners quarterly.
Qantara Finance is in the process of gaining FCA authorisation. We will only offer finance once authorised and all Shariah approvals are complete.
© 2025 Qantara Finance Ltd. Registered in England & Wales No. (Company No. 1669466).
Registered Office: Izabella House 24-26, Regent Place, Birmingham, England, B1 3NJ.
Appointed Representative (AR) of ITC
Compliance Ltd (No. 3704001), One Redcliff St, Bristol BS1 6TP — authorised & regulated by the FCA (No. 313486)
Qantara Finance Ltd is a credit broker, not a lender. FCA AR approval pending.
Qantara Finance LTD is registered in England & Wales (Company No. 16694666 with its registered office at Izabella House 24-26, Regent Place, Birmingham, England, B1 3NJ.
Qantara Finance Limited is a credit broker, not a lender. We may receive a commission from finance providers for introducing you to them — the amount of commission will vary depending on the lender, product, or other factors but will always be disclosed upon request.
We are currently in the process of gaining FCA approval to operate as an Appointed Representative (AR) . We will only offer or arrange finance once all necessary regulatory approvals are complete.
All products are offered in line with Shariah principles and under the supervision of our independent Shariah Supervisory Board.
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