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 oldest and most successful Islamic bank, has become an operationally carbon-neutral business.
Preview Marilyn Fairholme
I joined the Bank a year ago as a senior project manager, working with the Operations team in Birmingham. I mainly work on strategic change management projects but also support business as usual activities. It’s a busy and satisfying role.