Ethical banking

We have pioneered Islamic banking in the United Kingdom since 2004. By solely focusing on banking activities which are compliant with Islamic values, and therefore free from interest, we have been able to make a significant and lasting difference to customers throughout the UK.

It is not just Muslims who have come to appreciate the virtues of Islamic finance; non-Muslims have been attracted too by great products, great service and an ethical system which is good for society as a whole.

The Islamic banking system is, at its heart, an ethical system where depositors entrust the bank to invest their savings in partnership, sharing any profits which are generated.

Al Rayan Bank does not use financial instruments, which are based on speculation and can introduce a high element of risk to customers’ savings and assets. Instead our investments are backed by real assets, such as property or metals.

Al Rayan Bank  has a dedicated Sharia Compliance Department and an independent panel of Sharia Scholars, called the Sharia Supervisory Committee (SSC), to ensure that its products and activities are wholly Sharia compliant.

So, if you bank with Al Rayan Bank  you know where your money will be invested and, just as importantly, where it will never be invested.