A project of Al Rayan Group, Al Rayan Bank is a commercial bank established in 2004 in the UK, claiming to operate on Islamic Principles.
The bank was founded after the increasing potential demand of “Sharia” compliant services in the UK.
Al Rayan bank provides Islamic banking services compliant with “Sharia” laws. It operates without interest and based on Islamic finance principles derived from entrepreneurship, trade and risk-sharing.
The bank provides “Sharia” compliant savings, finance and current account services to over 60,000 personal, premier customers and businesses. It has approximately 200 employees in the UK.
The headquarters are located in Birmingham.