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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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My career began in Damascus, Syria, in 2003, where I worked in a range of sectors such as Telecom, Real Estate, Financial Services, and took roles spanning data analytics, financial modelling, relationship management, and portfolio management.
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Al Rayan Bank, the UK’s most successful Sharia compliant bank, Masraf Al Rayan (MAR), Al Rayan Bank’s parent and one of Qatar’s largest banks, and United Development Company (UDC), a major Qatar-based public shareholding entity, have partnered to facilitate property investment opportunities for non-residents in Qatar, focusing on individuals based in the UK.
Preview Al Rayan Bank signage Head Office, London
Al Rayan Bank, the UK’s most successful Islamic bank, achieved another record financial performance in the year ending 31 December 2023 as it delivered strong growth across its commercial property financing and premier banking divisions.