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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Al Rayan Bank, the UK’s leading and most successful Islamic bank, has published its first-ever sustainability report, marking a year of significant progress in its environmental, social, and governance (ESG) initiatives.
Preview Johan
I joined Al Rayan Bank in 2023 as a Senior Operational Risk Manager, my first role in the UK. I was born in South Africa, lived, and worked in New Zealand for four years and relocated to the UK in 2023.
Preview Paula Millard
I joined the Bank in November 2020, in the middle of lockdown. The Collections and Litigations Officer was a new role for the Bank and required me to develop and implement a litigation strategy and process.