15/11/2017 07:55 AST

Al Rayan Bank chief executive officer Sultan Choudhury has received his Order of the British Empire (OBE) from Prince William, the Duke of Cambridge, at a special investiture ceremony held at Buckingham Palace recently. Choudhury was appointed OBE in the Birthday Honours of Queen Elizabeth II, in recognition of his services to Islamic finance.

A driving force behind Al Rayan Bank’s success and Islamic banking’s increasing popularity in the UK, Choudhury was part of the management team that obtained Western Europe’s first authorised Islamic banking licence in 2004. He has since grown the bank to become the UK’s largest Islamic bank and one of the fastest growing banks in the country.


Gulf Times

Masraf Al Rayan launches Qatar ETF

22/03/2018

Qatar’s first Shari’a-compliant exchange traded fund and arguably, the largest single-country Shari’a compliant ETF in the world was listed on Qatar Stock Exchange (QSE) yesterday. The Al Rayan Qatar

The Peninsula

QCB weighing proposal on combining three banks, says Masraf Al Rayan chairman

02/03/2018

The Qatar Central Bank is evaluating a proposal on the three-way combination of Masraf Al Rayan, Barwa Bank and International Bank of Qatar (IBQ) that will pave the way for the creation of the countr

Gulf Times

After breakthrough Islamic issuance, Al Rayan Bank eyes more RMBS in UK

21/02/2018

Al Rayan Bank is planning more securitisations backed by Shariah-compliant loans, after recently selling the UK’s first deal tied to Islamic-style home purchase plans.

The bank expects to o

Gulf Times

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SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News