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AlRayan Bank UK surpasses £3 billion in assets, marking a major milestone in UK Islamic banking

AlRayan Bank, the UK’s largest and most successful Sharia-compliant bank, has announced that its total assets have exceeded £3 billion for the first time in its history. This significant achievement underscores the Bank’s sustained growth and strategic transformation, reinforcing its position as the leading force in Islamic finance in the UK.
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Al Rayan Bank has increased the expected profit rates (EPR) across its Fixed Term Deposit (FTD) savings accounts for a third time in the last month. It means fixed savings EPRs have now hit 2% for the 36 month FTD account.