Al Rayan Bank - the UK’s most successful Sharia compliant bank - has opened a new 8,853sq ft office in Birmingham reaffirming its continued investment in the city.
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.
Al Rayan Bank, the UK’s largest and most successful Islamic bank, has partnered with Educate A Child International to launch a new Fixed Term Deposit aimed at advancing education for marginalised and vulnerable children and young people.
A third (33%) of Gulf Cooperation Council (GCC) high net worth individuals invested in London property over the last 12 months, more than any other major global market.
The findings come from Al Rayan Bank’s 2023 GCC Investment Barometer, which surveyed 151 investors from Saudi Arabia,
Qatar and the UAE with an average net worth of $208m.
