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).
I joined Al Rayan Bank in early 2013 after completing my MBA, where my thesis focused on the perception of Islamic banking in the UK. While that may suggest my journey was straightforward, the reality has been a little more complex.
Al Rayan Bank, the UK’s most successful Sharia compliant bank, has confirmed a major funding facility arranged by one of the world’s largest banking institutions, Mitsubishi UFJ Financial Group (MUFG), as part of its ongoing strategy to diversify its funding structure.
I joined the Bank last July as a Senior Risk analyst in the Risk Team and recently moved to the Finance Team to take the role of Financial Risk Manager.
