Baku · Azerbaijan Sharia-compliant

Property with principle at its foundation.

We develop residential and commercial property across Azerbaijan — planned, financed and delivered entirely within Islamic financial principles. No riba. No speculation. Real assets, honestly built.

100% asset-backed Every manat tied to real property
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40°24′N   49°52′E
Residential — Commercial — Renovation
01  /  Who we are

We build homes, workplaces and public spaces — not just structures, but futures.

Hana Real Estate is a forward-thinking property developer dedicated to building communities with integrity. We combine professional development expertise with strict halal investment standards, ensuring every project — from planning through to completion — reflects ethical business practice and Sharia-compliant financial structure.

Our engineers, architects and project managers bring decades of experience to every venture, delivering quality construction while upholding the highest moral standards. We are proud to work with faith-conscious investors who want their wealth to grow through honest effort and genuine asset creation.

0%Halal-structured capital
0Interest-based instruments
0Development sectors
0+Years combined expertise
02  /  Our commitment

Halal investment,
without compromise.

We operate with complete transparency and ethical integrity. Our projects are structured to avoid interest-based financing, speculative dealing and unethical practice — and we partner only with halal-certified investors and financial institutions.

01

Sharia-compliant models

Every investment vehicle is reviewed and structured to comply with Islamic finance principles before a single foundation is poured.

02

Interest-free financing

Transparent, riba-free funding arrangements. Returns are earned from genuine value creation — never from debt.

03

Asset-backed valuations

Your capital is tied to land and buildings you can stand inside — never to paper instruments or speculation.

04

Certified partnerships

We work only with halal-certified investors and institutions, so every stakeholder is held to the same standard.

03  /  Selected developments

Buildings that
outlive the deal.

A cross-section of residential, commercial and restoration work across Azerbaijan — each one asset-backed and delivered without interest-based finance.

Residential

Eighty-four family apartments arranged around a shaded courtyard, delivered entirely riba-free.

Qobu Park Residences

Baku · 2025
Commercial

Ground-floor retail beneath four leasable office storeys, opening onto a public arcade.

Nizami Commercial Court

Ganja · 2026
Residential

Stepped apartment blocks descending toward the Caspian shoreline, every unit dual-aspect.

Xalq Terraces

Sumqayit · In progress
Renovation

Structural renewal of three heritage courtyard houses, returned to family occupation.

İçərişəhər Courtyards

Old City · 2024
Residential

Twelve low-rise villas set among existing walnut groves in the northern foothills.

Zaqatala Grove Villas

Zaqatala · 2027

The full portfolio

Completed schemes, current sites and investor documentation.

Request access

Investor brief · PDF
04  /  What we do

Services

From a single renovation to a full mixed-use scheme — one team, one standard, one set of principles.

01

Residential development

Family apartments, villas and low-rise communities designed around daylight, privacy and shared courtyard life.

02

Commercial development

Retail, office and mixed-use buildings planned for long-term leasable value and low running cost.

03

Renovation & restoration

Structural renewal of existing and heritage buildings, from survey and consent through to handover.

04

Investment structuring

Sharia-compliant vehicles, asset-backed valuations and plain reporting for faith-conscious investors.

05  /  How we work

Four stages,
fully open.

The halal structure is agreed before design begins — not retrofitted once the concrete is poured.

Stage 01

Consultation

We listen to your intent, budget and standards, then confirm the halal structure in writing.

Stage 02

Design & approvals

Architects and engineers develop the scheme and carry it through Azerbaijani permitting.

Stage 03

Construction

Vetted contractors, staged milestones and open books at every phase of the build.

Stage 04

Handover

Keys, warranties and — for investors — asset-backed reporting for the life of the building.

We would rather build fifty honest homes than five hundred financed on interest. What we put up has to stand — structurally, and morally.

Mufakham Ali Director, Hana Real Estate
06  /  Contact

Start a
conversation.

Whether you are buying a home, leasing commercial space or placing capital, tell us what you have in mind and we will respond within two working days.

Your details stay with our director’s office.