Al Rayan Bank achieves two awards for best performance


LONDON: Al Rayan Bank (UK), the country’s largest and oldest Islamic retail bank, has started the year by winning two prestigious awards on 22ND January. The Bank has been named as the ‘Best Islamic Bank in the UK’ at the 2017 Islamic Finance News Awards.
This accolade follows it being named as the ‘UK’s Best Cash ISA Provider’ and being commended in the category of ‘UK’s Best Fixed Term Savings Provider’ in the eighth annual Money net Personal Finance Awards. Winners of the annual IFN Best Banks awards are determined by votes cast by readers, which include Islamic finance issuers, investors, non-banking financial intermediaries and government bodies.
The awards recognise the best providers of Islamic financial services across a series of markets and sectors. The Money net awards recognise personal finance providers that have gone the extra mile in the previous twelve months to deliver excellent deals for the consumer.
The judging panel conducts reviews of finance products in the UK market to identify those that deliver the best returns and have the most innovative product features to ensure an all-round good deal for customers. Commenting on the double success, Sultan Choudhry OBE, Al Rayan Bank Chief Executive Officer said, said: “We’re delighted to begin 2018 with these accolades.