Saalim Mahmood, CFSO

Al Rayan Bank UK diversifies funding structure through MUFG relationship

Al Rayan Bank, the UK’s most successful Sharia compliant bank, has confirmed a major funding facility arranged by one of the world’s largest banking institutions, Mitsubishi UFJ Financial Group (MUFG), as part of its ongoing strategy to diversify its funding structure.
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Preview Old Works, High Wycombe
Retail estate investment and development company MCR Property has secured a £30m refinancing deal through Al Rayan Bank for its residential development in High Wycombe, due for completion in 2023.
Preview Harpeet Dhillon, CPO, Al Rayan Bank
Al Rayan Bank, the UK’s longest established and largest Islamic Bank, has appointed Harpreet Dhillon LLB, Pg Dip HR Management (Chartered FCIPD) as its Chief People Officer.
Preview Giles Cunningham, CEO of Al Rayan Bank
Al Rayan Bank has appointed Giles Cunningham as its Chief Executive Officer, pending regulatory approval.