Al Rayan Bank identified in London Stock Exchange Group's '1000 Companies to Inspire Britain' 2019 report

12 July 2019

- Al Rayan Bank recognised in sixth edition of London Stock Exchange Group’s 1000 Companies to Inspire Britain report
- Report identifies fastest-growing and most dynamic small and medium sized businesses (SMEs) across the UK
- Al Rayan Bank is the UK’s oldest and largest Islamic bank – founded in 2004 and serves more than 85,000 customers

Al Rayan Bank has been identified as one of London Stock Exchange Group’s 1000 Companies to Inspire Britain 2019. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses (SMEs), with companies representing over 40 sectors and spanning every county and region across the UK.

To be selected for the list, businesses had to demonstrate not only positive revenue growth over the last three years but also outperform their sector peers. The result is a unique and varied list of the UK’s most dynamic companies. More details on the Companies to Inspire reports and methodology can be found online at www.1000companies.com.

Founded in 2004, Al Rayan Bank is the oldest and largest Islamic bank in the UK. The Bank currently serves more than 85,000 customers throughout the country and at the end of June 2019 had an asset book in excess of £2.05bn. By focusing on banking activities which are in keeping with the principles and ethical values of Islam, Al Rayan Bank’s appeal is growing among communities of all faiths and none. The Bank helps retail customers to acquire their own homes through its home finance offering and save for their futures through its suite of award winning personal and business savings products.

Maisam Fazal, Chief Commercial Officer at Al Rayan Bank, said: “Our listing in the London Stock Exchange Group’s report not only highlights the growth of the Bank as it goes from strength to strength but also the growing awareness of Islamic finance in the UK. 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.”

David Schwimmer, CEO, London Stock Exchange Group, said: “Congratulations to all the companies selected for inclusion in the sixth edition of London Stock Exchange Group’s 1000 Companies to Inspire Britain report, which identifies the UK’s most dynamic SMEs. SMEs drive growth, innovation and job creation and are the lifeblood of the British economy. 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.”

A full searchable database of all of the companies along with a downloadable pdf of the publication can be found online at www.1000companies.com

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