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.
High-net-worth investors from the Gulf region plan to invest an average of £78.3 million each in UK property over the next five years, according to the fourth annual GCC Investment Barometer from AlRayan Bank, the UK's largest and most successful Islamic bank. The findings highlight the UK's continued appeal as a destination for international investment.
AlRayan Bank has increased the expected profit rate (EPR) on its 12 Month Fixed Term Deposit (FTD) to 5.12%, up from 4.85%. That makes it the best one-year rate across the whole market (Moneyfacts, 29 September 2026).
AlRayan Bank UK, the country’s longest established and most successful Sharia compliant bank, today announced its financial results for 2025, marking another year of strong delivery, disciplined execution, and strategic progress. The Bank achieved a pre tax profit of £23.59 million, its fourth consecutive year of profit in excess of £20 million, while advancing its transformation agenda and deepening its position in its core markets.
