Al Rayan Bank signage Head Office, London

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 Terrace Row of houses
Following the latest Government guidance on the property market, Al Rayan Bank is reintroducing its low deposit 90% and 95% finance-to-value (FTV) Home Purchase Plan (HPP) products
Preview Al Rayan Bank Operational Headquarters, Birmingham, UK
Al Rayan Bank has confirmed the appointment of Adrian Moore as its Head of Conduct and Compliance at the Bank’s Operational Headquarters in Edgbaston, Birmingham.
Preview Maisam Fazal, Chief Commercial Officer
Dear brothers & sisters. Assalamu Alaikum and Ramadan Mubarak. I pray that this message finds you well.