Can AED 200M Supercharge EasyLease’s Mobility Empire?

In the world of SMEs, growth often comes down to one thing: having the right financial support at the right time. That’s exactly what EasyLease has secured with a new AED 200 million Shariah-compliant working capital facility from Emirates Islamic.

The facility, extended through Emirates Islamic’s Business Banking division, is designed to support EasyLease as it scales its operations across the UAE’s fast-moving mobility and logistics sector. Rather than being about short-term expansion alone, the funding focuses on strengthening liquidity, improving operational efficiency, and preparing the business for steady, sustainable growth.

EasyLease is best known for its integrated mobility solutions, covering everything from vehicle and bike leasing to logistics support and fleet services. With demand increasing across delivery, transportation, and managed mobility, the company plans to use the facility to enhance its fleet, invest further in technology, and improve efficiencies across its portfolio.

For Emirates Islamic, the transaction reflects its broader focus on supporting SMEs with financing structures that follow Shariah principles while still being flexible enough for modern business needs.

Mohammad Kamran Wajid, Deputy CEO of Emirates Islamic, said the bank sees EasyLease as an important player in the UAE’s evolving mobility space. He noted that the facility is built around confidence in the company’s leadership, business model, and role in supporting logistics and transportation across the country.

Mohamed Al Hadi, Head of Retail Banking and Wealth Management at Emirates Islamic, added that the deal highlights how the bank’s Business Banking platform is structured to offer scalable solutions for SMEs that want to grow while maintaining financial discipline.

From EasyLease’s side, the focus remains practical. CEO Ahmad Al-Sadah explained that the capital will help the company expand its mobility portfolio, upgrade its fleet, strengthen its presence in key market segments, and continue investing in technology that supports daily operations and long-term planning.

Founded in 2013 with a focus on bike leasing, EasyLease has grown into a group of 16 companies offering services such as vehicle rentals, delivery support, motorboat leasing, vehicle recovery, and limousine services. Its flagship company, Easy Lease Motorcycle Rental PSC, manages more than 35,000 bikes serving major delivery platforms including Noon, Talabat, and Americana.

For SMEs watching the mobility and logistics space, the partnership shows how structured, Shariah-compliant financing can play a practical role in scaling operations without losing stability.