Nester Makes Sukuk Debut

London, United Kingdom – [Thursday 12 February 2026] - Nester, the UK-based FCA regulated, Shariah Compliant Fintech, has made its debut in the sukuk market, by closing its inaugural £3m Sukuk Al-Wakalah issuance.

The issuance, aimed for High-net-worth and Sophisticated Investors, was met with strong interest and was oversubscribed.

The three-year private placement sukuk was structured and arranged in-house utilising the deep expertise of the Nester management team. Proceeds of the sukuk will be used to deliver the next phase of the company’s strategy.

Mohammed Paracha, co-founder, commented, “The issuance of the sukuk is a landmark moment for Nester, and I’m pleased to see us leading the way for Shariah Compliant Fintechs, demonstrating innovation in our capital strategy.”

Nester co-founder and CEO, Youness Abidou, added, “For a young business to tap the sukuk market is testimony to investor confidence in the strength of the Nester brand.”

Dawood Ahmedji, Deputy CEO, who led the sukuk issuance programme, said, “The investor response to our debut issuance has been very compelling. We look forward to continuing to push the boundaries and enhance the Shariah Compliant asset class universe.”

About Nester

Nester is a UK-based, FCA-regulated fintech providing Shariah-compliant property-financing solutions. The company focuses on delivering ethical and transparent financing structures through a technology-enabled platform, serving investors and property professionals across the UK.

Media Contact

For further information or press enquiries, please contact:
Khizar Mohammad
Email: kmohammad@nester.com
Website: www.nester.com