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AlRayan Bank selects Monument Technology for major banking transformation

Banking platform provider, Monument Technology, has announced that it has signed an agreement with AlRayan Bank, the UK’s longest-established Islamic bank, to support the largest technology investment in the bank’s history.
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Al Rayan Bank has launched its Everyday Saver Issue 3 account with an expected profit rate (EPR) of 1.60%, placing it at the top of the easy access accounts in the Moneyfacts best buy tables (Moneyfacts 25.07.2022).