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 Head Office London
Al Rayan Bank has cemented its position as the leading Islamic finance provider in the UK, with the opening of a new headquarters in London’s West End.
Preview Savings money in a jar
Al Rayan Bank, the UK’s leading Islamic bank, has partnered with the award-winning cash savings platform, Raisin UK.
Preview Al Rayan Bank branding at its Knightsbridge Premier branch
The bank produced a record financial performance for the 12-month period ending 31 December 2022, becoming the UK’s most profitable Islamic bank ever