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Al Rayan Bank PLC. is incorporated and registered in England and Wales. The company operates mainly in England and Wales.
Al Rayan Bank PLC
4 Stratford Place
Company Registration No. 4483430.
Al Rayan Bank PLC. is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our firm reference number is 229148.
Al Rayan Bank PLC. is a member of the Financial Services Compensation Scheme.
Last updated 3 May 2023
Al Rayan Bank is committed to implementing a sound governance framework through which the objectives of the Bank are set and the means of attaining these objectives and monitoring performance is determined.
The Board of Directors has overall responsibility for the corporate governance of the company. The foremost duty and responsibility of the Board of Directors is to decide the overall strategy and policies of the Bank.
The Board of Directors has established three permanent committees that deal with significant aspects of the Bank’s affairs. These are the Audit Committee, Board Risk Committee and Remuneration & Nomination Committee.
The bank also relies on the Sharia Supervisory Committee which ensures that all financial and operational activities are conducted in accordance with Sharia principles. The committee is composed of three eminent scholars who provide guidance to the bank on Islamic principles and rules.
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Learn more about the UK's oldest and largest Islamic bank.