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AlRayan Bank UK surpasses £3 billion in assets, marking a major milestone in UK Islamic banking

AlRayan Bank, the UK’s largest and most successful Sharia-compliant bank, has announced that its total assets have exceeded £3 billion for the first time in its history. This significant achievement underscores the Bank’s sustained growth and strategic transformation, reinforcing its position as the leading force in Islamic finance in the UK.
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Black Friday and Cyber Monday may have begun as an American tradition, but it has now been fully embraced. The last weekend in November is now the UK’s biggest retail event of the year.
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Over my time at the Bank, I have been fortunate enough to hold a variety of different roles.
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A third (33%) of Gulf Cooperation Council (GCC) high net worth individuals invested in London property over the last 12 months, more than any other major global market.
The findings come from Al Rayan Bank’s 2023 GCC Investment Barometer, which surveyed 151 investors from Saudi Arabia,
Qatar and the UAE with an average net worth of $208m.