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Business Current Account

Our Business Current Account lets you conduct your day-to-day finances in line with your beliefs.

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Key information

  • No profit is paid on the Business Current Account
  • Debit card and cheque book (subject to status)
  • Requires a initial deposit of £500
  • Funds deposited will be administered in accordance with Sharia principles
  • International payments
  • Access to your account via our Business Digital Banking services
  • Your money is invested ethically. We invest in Sharia compliant goods and services and, for example, do not invest in alcohol or tobacco

Making a deposit

You can make a deposit into your Current Account by:

  • Making an online transfer from another account or by money transfer
  • Cheque at a branch or by post to our Operational Headquarters at the following address:

Al Rayan Bank PLC
PO Box 12461
Birmingham
B16 6AQ

  • Depositing cash at one of our branches

Making a withdrawal

You may make withdrawals from your Current Account in the following ways by:

  • Making an online transfer from your Current Account to another account
  • Setting up a Standing Order or Direct Debit
  • Withdrawing cash at one or our branches
  • Withdrawing cash via an ATM (charges may apply on non-Al Rayan Bank ATMs)

Please note: Al Rayan Bank has withdrawn its fax and email payment service. Active users of this service will be contacted in due course.

 

To apply for our Current Account you must be:

  • Over the age of 16; and
  • Make an initial deposit of £500 

 

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The new way to manage your accounts online

Register for Digital Banking and manage your account on the move through our Mobile Banking app, or from the comfort of your own home through the Desktop Portal.