Al Rayan Bank Plc (formerly Islamic Bank of Britain plc)

 (3.2 from 14 ratings)
3.2 14

Al Rayan Bank is the only Sharia compliant retail bank operating in the United Kingdom. Al Rayan Bank provides Sharia compliant savings, finance and current accounts to personal, business and premier customers. Al Rayan Bank Plc is owned by Masraf Al Rayan (MAR) Q.S.C. MAR is a Qatar-based Islamic bank providing banking, financial, investment and brokerage services.

Financials

Total Assets (2017)
1,806.31 mln GBP  (+25.81%)
Annual Profit (2017)
8.62 mln GBP  (-9.27%)

Al Rayan Bank Plc is the 82nd largest bank in the United Kingdom in terms of total assets. In 2017 its total assets were 1 806,31 mln GBP, providing the bank with the market share of 0.02%. In 2017 the bank's annual profit was 8,62 mln GBP.

Al Rayan Bank Plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.

Contacts

Edgbaston House, 3 Duchess Place, B16 8NH, Birmingham, United Kingdom
44 1214527300

Al Rayan Bank Plc is headquartered in Birmingham.

Bank Identifiers

LEI
213800AINT5U4D66UA65
Company Number
04483430
MFI ID
GB1489
Start Date
July 2002