Sweden's first car financing built on Shariah principles. Shariah board being formed. Zero interest. Launching Q3-Q4 2026.
Pick a car up to 350,000 SEK. Put 10% down. At launch: 14 days from application to keys. One fixed monthly payment. You own the car from day one.
Pay cash - and wait years. Or take an interest-bearing loan - and compromise your faith. Neither should be your only option.
Saving 200,000-350,000 SEK takes most families 3-5 years. Meanwhile: cramped rides, borrowed cars, or a risky used car bought in desperation.
Every car loan in Sweden includes interest. No matter what they call it. No Swedish bank offers a Shariah-reviewed product.
We buy the car from the dealer. We sell it on to you directly - at a fixed, transparent price with a pre-agreed markup. You own the car from day one. You pay the rest in fixed monthly amounts. No interest. No riba. Being built for Shariah certification ahead of the Q3-Q4 2026 pilot.
Murabaha (cost-plus sale). The same contract structure used by StrideUp in the UK and Guidance Residential in the US, adapted for Swedish consumer credit law.
Our model is Murabaha - we buy the car and resell it to you at a fixed price. It is not Ijara (leasing). Want to understand the difference? Read the guide.
Sign up for free. We contact you and start a pre-approval. You get an approved maximum amount to shop with (up to 350,000 SEK during the pilot).
With pre-approval in hand, walk into any authorised Swedish car dealer - up to your approved maximum.
You tell the dealer Ribafri AB is the buyer. We pay the dealer and take ownership. The same day we sell the car to you under Murabaha - fixed price, pre-agreed markup. You own the car from that moment.
You drive home from the dealer. Same amount every month for 36, 48 or 60 months. No surprises, no late interest. The full contract is Shariah-reviewed. You are listed as the owner on the registration certificate from day one. We only retain a security interest in the car until the final payment, just like a regular car loan.
Your estimated monthly payment
5,625 SEK/mo
This is an illustrative estimate of how our Murabaha model may look at launch in Q3-Q4 2026. The final price is set at actual contract signing and may differ. This is not a binding offer. Does not include insurance.
Interest is a price for time on money, and it can grow if you pay late. Our markup is our profit on a real sale of a car. It's set on day 1, written into the contract, and never changes - not even if you pay late. That's the difference between a loan and a purchase.
The first 100 families don't get more. They get it first - and they get it reviewed together with us.
10% instead of 20%, for life.
Signal or WhatsApp to Rafi throughout the pilot phase.
Private Signal group with Sweden's first 100 halal car owners.
If pricing rises after the pilot, your terms stay the same.
None of this is a trick. We're removing the risk. You're helping us build the right product.
Free PDF guide
Halal Car-Buying Guide
14 pages • 6 chapters • Checklists
What is riba? Which halal alternatives exist? How do you negotiate with car dealers? What if you already have an interest-bearing loan? This guide answers it all - whether you choose us or not.
Enter your email in the form below and we'll send the guide right away.
Many of us took car loans for lack of alternatives. The scholars acknowledge that. But now that a halal alternative exists - the necessity ends. Here's what you need to know.
Every month with riba
~4,780 SEK/mo
of which ~610 SEK is pure interest (riba)
~29,400 SEK
in total interest over the life of the loan
Every Jumah
you carry the knowledge that your loan contains what Allah has forbidden
Based on a 250,000 SEK car, 20% down payment, 6.9% interest, 48 months.
With Bilen Utan Riba
5,000 SEK/mo
fixed amount - none of it is interest
0 SEK in riba
every payment builds your ownership of the car
Every Jumah
you pray Friday prayer with peace - your car is halal
Same car, 20% deposit, 48 months. The difference? About 220 SEK/month. The price of living without riba.
"The principle of necessity (darurah) ends the moment a halal alternative becomes available."
- Consensus position across the four Sunni schools of jurisprudence
We've made it simple. From the first call to a halal car - we handle everything.
Sign up to the waitlist and let us know you have an existing car loan. We'll reach out as soon as we open for pilot bookings (Q3-Q4 2026).
We review your remaining balance, interest, terms and calculate your "riba cost". Completely free.
We build a tailored offer with the exact monthly payment, total cost and term - compared side by side with your current loan.
You pay off the existing loan (we help with the paperwork). We buy the car. The Murabaha contract is signed - to be Shariah-reviewed by our board.
Your car is riba-free. Your contract will be openly reviewed by the Shariah board being formed. Every payment builds your ownership.
What riba is costing you in real money. What the scholars say. How Murabaha works. A 5-step plan. Calculator. Checklist. Everything you need to switch.
Many call themselves halal. We will publish everything - the full fatwa, scholar names and signatures, the full contract - before the first pilot contract is signed.
Our Shariah board is being formed. The goal is three independent scholars - one Hanafi, one Shafi'i and one Maliki. We are in active dialogue with recognised scholars ahead of the Q3-Q4 2026 pilot launch. Names, CVs and AAOIFI affiliation will be published together with the fatwa before the first contract is signed. You can therefore review the people against the actual document they have approved - not against marketing material.
The full fatwa document will be published on the website once the board is in place and the contract is reviewed. The full contract template too. You will then be able to show everything to your imam before you decide. We do not publish anything before it is finalised.
Once pilot contracts open, the following will apply: if within 30 days of signing your imam or any AAOIFI-affiliated scholar gives you a written opinion that our structure isn't halal - we tear up the contract. Full refund. No conditions.
We are building to the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) - the same framework as Gatehouse Bank, Al Rayan Bank and StrideUp in the UK. Our Murabaha model will be reviewed against the strictest international requirements (Shariah Standard No. 8, Murabahah).
We won't lie: at launch we expect your total cost to be slightly higher than a conventional car loan - an estimate is 5-10% more. The difference is the price of living without riba. The final price is set at launch.
You're not choosing between 5.9% interest and 7%. You're choosing between riba and no riba. Between compromising and being able to look your children in the eye and say: this car is halal.
My name is Rafi. I live in Stockholm. I've stood in front of the same choice you have - pay cash or compromise with riba. There was no third option. So I decided to build it.
This isn't a bank. This isn't a fintech with an Islamic label. This is a Swedish entrepreneur building the product from the ground up and engaging recognised Shariah scholars for review ahead of the pilot launch.
My full name and my reputation stand behind every contract. I can't afford to get this wrong - which is why you can trust that I won't.
Rafi
Founder, Bilen Utan Riba
Three promises you'll be able to show your lawyer or your imam at signing.
All three guarantees will be written into the Murabaha contract you read before you sign.
If your imam, or any independent AAOIFI-affiliated scholar, gives a written opinion within 30 days of signing that the contract is not halal, we tear it up. Full refund of the deposit. No questions.
Your monthly payment is the same in the first month as in the last. It never changes - regardless of interest rates, currencies or inflation. Written into the contract.
If we raise prices after the pilot, you keep your Founding Member terms for the entire contract, plus the right to the same terms on your next car purchase with us within five years.
More than 100 families are already on the list. You can still join the waitlist: if anyone in the Founding 100 drops out, their seat goes to the next person in line, and everyone else is offered a seat in order as we open more. Signing up is free and non-binding.
The Founding 100 is full. Join the queue - if a seat opens it goes to the next person in line, and everyone else is offered a seat in the order they signed up.