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AlRayan Bank has pioneered, ethical Islamic banking in the United Kingdom since 2004.
We've pioneered Islamic banking in the United Kingdom since 2004.
The Islamic banking system is, at its heart, an ethical system where depositors entrust the bank to invest their savings in partnership, sharing any profits which are generated.
AlRayan Bank does not use financial instruments, which are based on speculation and can introduce a high element of risk to customers’ savings and assets. Instead our investments are backed by real assets, such as property or metals.
AlRayan Bank has a dedicated Sharia Compliance Department and an independent panel of Sharia Scholars, called the Sharia Supervisory Committee (SSC), to ensure that its products and activities are wholly Sharia compliant.
So, if you bank with AlRayan Bank you know where your money will be invested and, just as importantly, where it will never be invested.
Invested | Never Invested |
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Islamic banking provides Muslims with a variety of financial products that help their money work harder and allow them to finance residential and business property in line with their faith.
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Why is Islamic banking considered ethical?
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