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Al Rayan Bank delivers strong performance in 2024 with double-digit growth

Al Rayan Bank, the UK’s most successful Sharia-compliant bank, recorded double digit growth in total assets in the year ending 31 December 2024 as the bank continued to expand its financing books in commercial property finance (CPF) and premier banking.

The Bank reached £2.84 billion in assets – up 14 per cent on the previous year – with pre-tax profits reaching £23.47 million, the second highest financial performance in its history.
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Preview Sallie
My career had mainly been focussed in customer service when, in 2018, I decided that I’d like to try something different, and I joined Al Rayan Bank as a Management Information and Data Specialist.
Preview London, glass
London remains the top global destination for Gulf Cooperation Council (GCC1) investment, with planned long-term spending in the property market set to rise significantly, according to a new report from the UK’s most successful Islamic Bank, Al Rayan Bank.
Preview Omar
I joined Al Rayan Bank in early 2013 after completing my MBA, where my thesis focused on the perception of Islamic banking in the UK. While that may suggest my journey was straightforward, the reality has been a little more complex.