Al Rayan Bank UK
| Formerly |
|
|---|---|
| Company type | Public |
| QE: MARK | |
| Industry | Financial services |
| Founded | 2004 |
| Headquarters | London, UK |
Key people | Giles Cunningham (CEO) |
| Products | Banking |
| GBP30.61 million (2023 pre-tax) | |
Number of employees | Circa 200 (2022) |
| Parent | Masraf Al Rayan |
| Website | alrayanbank |
Al Rayan Bank PLC (مصرف الريان formerly known as Islamic Bank of Britain) is a commercial bank in the United Kingdom, established in August 2004 to offer Sharia compliant financial service products to customers of any faith. The Bank serves its Premier and Commercial customers through Relationship Managers based in London. Retail customers are served through the Bank's Digital Banking and Telephone Banking services.
The bank welcomes people of all faiths and has become popular with many non-Muslims looking for an ethical alternative to conventional banks.
The bank has a Sharia department and an independent Sharia Supervisory Committee to ensure that its products are compliant with the principles of Islamic finance.
As of 2020, Al Rayan Bank served 80,000 customers.