UK’s Offa acquires Bank of Ireland’s Islamic home finance portfolio
Birmingham-based Islamic fintech Offa has acquired Bank of Ireland’s Shariah-compliant home finance portfolio.
The deal includes more than 350 home purchases plans. Customers transferred over to Offa will be able to access to a broader range of Sharia-compliant property finance products.
Offa, which offers an ethical finance model designed in accordance with Islamic finance principles, did not reveal the value of the deal.
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