faqs
We know that halal finance can feel complex — so we’ve made it simple. Below, you’ll find clear answers about how Qantara Finance works, what makes our Murabaha car finance fully Shariah-compliant, and what to expect before launch.
UK residents aged 18+, with stable income and ability to pass affordability checks.
Both, from reputable UK dealers.
Not initially — dealer purchases only at launch.
Yes — declare PHV use so we can structure the agreement appropriately.
Sole traders and limited companies welcome (additional documentation required).
Yes. It’s a sale at a fixed price, not an interest-bearing loan.
We agree a fixed total price upfront (based on an annual profit rate used for pricing calculations); it never changes throughout the term.
The finance partner purchases it first, then sells it to you (this happens straight away). A standard security interest (HPI charge / rahn) is recorded until you complete payment.
Allowed anytime by paying the remaining fixed balance.
We may charge a small admin fee to cover genuine processing and communication costs. We will never profit from late payments.
Not in the initial product — instalments are level and fixed throughout the term.
Comprehensive motor insurance required. Conventional GAP insurance is not offered; we’re exploring takaful-style protection options.
Full applications open after FCA authorisation and Shariah sign-off completion. Register now for early access.
We’ll publish service levels at launch; most approvals target a few working days once documentation is complete.
You can choose any reputable dealer; we’ll provide a dealer evaluation checklist to help.
Yes — soft pre-checks where possible; a hard inquiry may be required before final approval.
We assess affordability carefully on a case-by-case basis; approval isn’t guaranteed.
Not required by default; may be considered in specific circumstances.
Yes — we will publish the Shariah compliance certificate from our scholars before launch..
Islam prohibits profiting from a debtor’s delay or difficulty. We charge only genuine administrative costs to cover processing and communication expenses.
Qur’an 2:275–279, 3:130 and authentic hadith on riba prohibition; classical juristic rules on sale (bay’) and pledge (rahn). See our ‘How it Works’ section for more information.
WhatsApp (preferred), email, or social media. We may call you for complex cases requiring detailed discussion.
We’ll publish our formal complaints process at launch and respond promptly to all enquiries.
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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