Al Rayan Bank is proud to announce that it has been identified as one of the fastest-growing and most dynamic SMEs (small to medium sized businesses) in the country. Putting that into perspective, there’s more than 4.5 million SMEs in the UK.
Our place on the list was earned by beating off competition from companies from across the UK in 40 different sectors. To be selected, companies had to demonstrate not only positive revenue growth over the last three years but also that they had outperformed other banks and financial organisations.
The London Stock Exchange group compiles this list as it believes that small and medium sized companies drive growth, innovation and job creation which are the lifeblood of the British economy. As David Schwimmer, CEO, London Stock Exchange Group, said: We believe that supporting the growth of these businesses is critical to the UK economy and the creation of a society that works for everyone.”
Fairness is a key principle of Al Rayan Bank's dealings, and we’re particularly proud to have been recognised for helping to create a fairer society. Our listing also reflects the growing awareness of Islamic finance in the UK, something which we have worked toward since first opening our doors in 2004.
As Maisam Fazal, our Chief Commercial Officer, said: “The UK has a long-standing reputation as one of the world’s most important and innovative financial centres and we’re determined to help maintain this position and propel the Islamic finance market forward.”
For more information or a copy of the report, please click here.