Qardus Secured Business Finance
Islamic Business Financing in England
Qardus's secured Sharia-compliant finance tier for UK SMEs, from GBP 150,000 up to GBP 500,000 for terms up to five years, leveraging existing business assets as security. It extends the same interest-free model as the unsecured product - pre-agreed arrangement fee plus a fixed profit rate - to larger tickets and longer terms for established businesses. Same eligibility gate: UK-registered limited company or partnership, 3+ years trading, stable cash flows, no outstanding CCJs, Sharia-compliant sector. Qardus says it plans to add longer-duration asset financing over time (crawled qardus.com, 2026-08-06).
The secured tier turns Qardus from a working-capital stopgap into a mid-ticket growth funder: GBP 500,000 over five years covers fit-outs, acquisitions and equipment for the pharmacy and healthcare SMEs Qardus visibly serves. The same caveats scale up with the ticket - insist on the full cost breakdown and the security terms in writing, because neither is published, and remember there is no FCA or FSCS safety net around these agreements. Qardus's traction numbers (GBP 5.1m deployed, 40% repeat clients) suggest the model works for its healthcare and manufacturing niche.
Pros
- One of very few Sharia-compliant secured SME facilities in the UK at this ticket size
- Longer five-year terms versus 36 months unsecured
- Named Sharia governance and certificate
- Soft-search application with 48-hour decisions and funding in about two working days
Cons
- No published pricing or representative cost example
- Security documentation and contract mechanics not explained on the site
- Not an FCA-regulated agreement
- 3+ years trading requirement
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Product Details
Structure
murabaha
Min Amount
GBP 150,000
Max Amount
GBP 500,000
Qardus in England
Qardus's Secured Business Finance is available for businesses in England, using a murabaha structure. Financing amounts range from GBP 150,000 to GBP 500,000. UK Islamic business finance operates through online applications and relationship desks rather than branch networks. Qardus operates across the UK, so England residents have full access to this product.
Our Take on Qardus
Qardus occupies a genuinely underserved niche: interest-free growth capital for established halal-sector UK SMEs that are too small for Islamic bank corporate desks and unwilling to take conventional loans. The Sharia governance is real and named - Mufti Faraz Adam's Amanah Advisors board with a published certificate - and the operational promises (48-hour decisions, soft search, 2-day funding) match what modern SME lenders offer. Two structural cautions frame any recommendation. Pricing is entirely quote-based: no profit-rate ranges or representative examples are published, so borrowers must compare quotes carefully. And the platform sits outside FCA regulation - Qardus says so plainly - which matters more to its investors than its borrowers, but signals that the whole arrangement lives on contractual rather than regulatory protections. For 3+ year old SMEs in halal sectors, it is the most credible dedicated Sharia-compliant financing route in the UK market.
How Qardus Works
Financing Structure
Interest-free SME financing priced as a pre-agreed arrangement fee plus a fixed profit rate set in advance, with repayment over the agreed term - economically similar to a fixed-rate loan but structured through Sharia-compliant contracts on both marketplace sides. Qardus does not name the contract type on its product pages; the structure shape matches commodity murabaha (deferred cost-plus sale), the standard instrument for UK Islamic SME finance.
In-Depth Analysis
Qardus was founded to close the funding gap for small businesses whose owners will not take interest-based loans - the platform's framing is that traditional banking forces SMEs to choose between growth and their values. It operates a two-sided marketplace: UK SMEs seeking finance on one side, high-net-worth and self-certified sophisticated investors providing Sharia-compliant financing on the other, with Qardus reporting GBP 5.1 million deployed, a 40% repeat-client rate and 4/5 measured client satisfaction as of the crawl date.
The borrower products are two tiers. Unsecured finance runs GBP 25,000 to GBP 200,000 over 6 to 36 months for working capital. Secured finance runs GBP 150,000 to GBP 500,000 for up to five years against existing business assets, with asset financing of longer duration planned. In place of interest, the SME pays a one-off pre-agreed arrangement fee plus a profit rate that is fixed in advance - Qardus markets 'fixed finance rates' and 'no hidden fees and no interest'. No rate ranges are published; an online business finance calculator provides indicative repayment estimates.
Eligibility is strict and published: UK-registered limited companies or partnerships, minimum three years of trading history (start-ups explicitly ineligible), demonstrable stable cash flows, no outstanding county court judgments, and operation in a Sharia-compliant sector - gambling, pork production and alcohol are named exclusions. The process is streamlined: an online application in minutes, an in-house review using a soft search that does not mark the credit file, a funding offer within 48 hours where approved, and funds typically within two working days of signing.
Sharia governance is the platform's differentiator. Every applicant business is screened for Sharia compliance, Sharia-compliant structures are used on both sides of the marketplace, and the whole platform operates under independent oversight from a dedicated board led by Mufti Faraz Adam of Amanah Advisors - one of the most active Sharia advisory practices in Western Islamic fintech. An official Sharia compliance certificate is downloadable from the site (the hosted certificate covers the Qardus Fixed Income Product via Amanah). What the pages do not do is name the underlying contract for the SME financing; the fee-plus-fixed-profit shape is consistent with commodity murabaha, the market-standard structure for this product type, but Qardus does not say so explicitly on the crawled pages.
The regulatory position is disclosed with unusual bluntness in Qardus's own footer: the financing agreements do not constitute designated investments under UK financial services regulation, Qardus is not authorised or regulated by the FCA, and investors have no FSCS or Financial Ombudsman rights. For borrowers this is less material - business-to-business lending to companies is generally outside the FCA perimeter anyway - but it frames the platform as a contractual, relationship-driven financier rather than a regulated institution (crawled qardus.com, 2026-08-06).
Shariah Compliance Details
- Independent Sharia board led by Mufti Faraz Adam (Amanah Advisors)
- downloadable Sharia compliance certificate
- borrower sector screening excluding gambling, pork, alcohol and similar
- Sharia-compliant structures on both funding sides. Not FCA-authorised - disclosed prominently by Qardus itself. Contract type and profit-rate ranges not published (verified 2026-08-06).
How Qardus Compares
Against Nester (the FCA-authorised Commodity Murabaha property platform), Qardus serves general SME working capital where Nester only finances property, and Qardus reaches smaller tickets (GBP 25,000 versus Nester's GBP 200,000 minimum); Nester counters with FCA authorisation and published rate floors. Against conventional SME fintechs (Iwoca, Funding Circle), Qardus trades published pricing for Sharia certainty. Against Islamic banks (Al Rayan's business banking), Qardus is faster and lighter but unregulated and pricing-opaque.
Bottom Line
The most credible dedicated Sharia-compliant SME financier in the UK for established halal-sector businesses - go in with eyes open on quote-based pricing and the absence of FCA protections, and benchmark every quote against conventional alternatives before signing.
Read full Qardus reviewShariah Compliance & Oversight
Same governance as the unsecured product: dedicated Sharia board led by Mufti Faraz Adam of Amanah Advisors, downloadable Sharia compliance certificate, borrower-side sector screening (crawled qardus.com, 2026-08-06).
2026-08-06
Why It's Halal
Same Sharia architecture as the unsecured product: no interest, fee plus fixed profit rate agreed in advance, sector screening, Sharia-compliant structures on both sides of the marketplace, and oversight by the Sharia board led by Mufti Faraz Adam of Amanah Advisors. Honest caveats: the security mechanism (what charge is taken and how it interacts with the Islamic contract) is not documented on the crawled pages, no pricing is published, and the agreements sit outside FCA regulation (crawled 2026-08-06). The pricing construction is the religious core: instead of interest, Qardus charges a pre-agreed arrangement fee plus a profit rate fixed in advance, so the business's obligation is set at signing rather than accruing on a rate benchmark. Applicant businesses are screened for Sharia-compliant activity - gambling, pork, alcohol and similar sectors are excluded - and the downloadable certificate ('Shariah Certificate - Qardus Fixed Income Product') is hosted on the site.
Regional Availability
Qardus serves all of the UK
✓ Available nationwide including England
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NationwideFrequently Asked Questions
What is Qardus Secured Business Finance?
Why is Qardus Secured Business Finance considered halal?
Is Qardus Secured Business Finance available in England?
What Shariah oversight does Qardus have?
What financing structure does Qardus Secured Business Finance use?
How do I apply for Qardus Secured Business Finance in England?
Which providers offer Islamic home financing in England?
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Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Shariah compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.