Offa has formally opened its new Solihull office at an event attended by key figures from the local civic and business community, including the Leader of Solihull Council.
Offa is marking a major period of growth with the opening of its new Solihull office, following a year in which it has doubled its headcount to 55 people and expanded its range of halal property finance products.
The move reflects Offa’s continued expansion as demand grows for ethical, Sharia-compliant property finance across the UK, and underlines the company’s commitment to Solihull and the wider West Midlands as a strong base for ambitious financial services and fintech businesses.
The new office will provide a larger base for the company’s team, supporting its next stage of growth and enabling it to continue investing in people, technology and service delivery.
Based in Solihull, Offa has grown rapidly over the past year as it strengthens its position in the UK’s ethical property finance market. The company provides Sharia-compliant finance products designed to support customers seeking ethical alternatives to conventional property finance.
Offa has strong Birmingham roots. Three of the four directors of Offa were born in the city and the company was founded in Solihull seven years ago. The company’s Executive Chairman Sultan Choudhury OBE, a proud Brummie, was CEO and part of the founding team of Al Rayan Bank, the first Islamic finance bank launched in Britain from Birmingham.
Mr Choudhury said: “This is an important milestone for Offa. Doubling our team over the past year reflects the strength of demand for our products and the hard work of everyone across the business.
“Our new Solihull office gives us the space, infrastructure and presence we need for the next stage of our growth. We are proud to be building the business from the West Midlands and contributing to the region’s thriving financial services sector.”
Cllr Karen Grinsell, Leader of Solihull Council, said: “I’m delighted to join Offa for the opening of their fantastic new Solihull offices. Companies like Offa play a vital role in our thriving fintech sector, bringing innovation, high‑quality jobs and real energy to the borough. Their continued success, and their decision to stay and expand here in Solihull, is a powerful endorsement of what we offer as a place to do business in terms of outstanding connectivity, opportunity and lifestyle. We’re proud to support Offa as they take this exciting next step.”
As a firm with investors across the UK and GCC, Offa’s investment in Solihull is the latest example of how the Midlands’ unmatched scale, connected innovation ecosystem and deep talent pool continue to make it a compelling proposition for international investors. According to EY’s latest Attractiveness Survey – an annual report on global, national and regional trends in foreign direct investment (FDI) – the Midlands ranked as the top regional destination for FDI attraction and employment, representing 1 in 5 of all UK FDI jobs.
The company is named after King Offa, a visionary and powerful ruler who lived in the Midlands, known then as the Kingdom of Mercia, between 757 AD and 796 AD. During his reign, King Offa pioneered trade relations with Muslim merchants abroad – in effect, the first Islamic finance transaction in the UK – and produced gold coins which were imprinted with both his name and the declaration of Islamic faith. This is an early example of the deep-rooted connections that exist between Britain and the Muslim world today.
In February, Offa launched its family-friendly Home Purchase Plan, a Sharia-compliant alternative to a conventional residential mortgage, with offers being made within an hour depending upon credit rating and risk criteria thanks to a modern, paperless and ultra-fast application process.
Prior to that, in July 2025, Offa launched an innovative bridge-to-let finance service combining its ultra-fast bridge product with its modern, paperless buy-to-let. The company also recently purchased Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio in a landmark deal.
