It also has agencies in Luton, Tooting and Bradford. Islamic Bank of Britain PLC Annual Report and Financial Statements 31 December 2010 4 Directors’ report The directors present their report and financial statements for the year ended 31 December 2010. You can register any time and all of your banking arrangements - including your account number, sort code, standing orders or Direct Debits - will be … [5], As of 2017, Al Rayan Bank has serviced 77,000 customers. Later that month the Bank's previous CEO, Sultan Choudhury was awarded an OBE for his services to Islamic finance by His Royal Highness Prince William, Duke of Cambridge[14], The acquisition of Islamic Bank of Britain by Masraf Al Rayan, "It isn't only Muslims who are buying ethical products with rising returns", "The Best Savings Accounts You've Never Heard Of", "Masraf Al Rayan expanding global footprint with IBB buy", "Al Rayan Bank becomes a 'Billion Pound Bank, "BANK LEAGUE TABLES – Searchline Publishing", "Moody's assigns a Aa3 deposit rating to Al Rayan Bank PLC; outlook negative", "Al Rayan CEO receives OBE from Prince William", Commercial and retail banks in the United Kingdom, https://en.wikipedia.org/w/index.php?title=Al_Rayan_Bank&oldid=996161050, 2004 establishments in the United Kingdom, Pages containing links to subscription-only content, Creative Commons Attribution-ShareAlike License, This page was last edited on 24 December 2020, at 21:57. Bangladesh Bank dumps Best Holdings auditor, 35 others from list of eligible firms Chief Economics Correspondent, bdnews24.com Published: 21 Dec 2020 10:13 PM BdST Updated: 21 … [6] The bank also has a Sharia department and an independent Sharia Supervisory Committee to ensure that its products are compliant with Islamic teachings. He was appointed Commercial Director in June 2007. Meet The Head Friday, 24 Oct 2014 | Volume11.Issue43. ZAWYA - 30-Dec-2019 equities Mideast Stocks: Factors to watch on November 18. Bank Islam will NEVER request for Internet Banking Account updating via e-mail or disclosure of customers personal identification number (Login ID, password and i-Access Code) to third parties under any circumstance . This was followed in 2017 by the Bank posting record pre-tax profits of £8.2m and announcing that it had over 77,000 customers. In 1994, Choudhury graduated with a BA (Hons) in Economics and Econometrics[2] from the University of Nottingham. SME Banking. Peter Horton is the current CEO of Al Rayan Bank; he joined the Bank in April 2020. In December 2016, Al Rayan Bank announced that the value of its retail and commercial asset book had passed the £1 billion mark for the first time.[11]. Al Rayan Bank is fully committed to providing equal opportunities by ensuring we have the best people to meet our business objectives, based on skills and abilities. By August 2004, the FSA granted authorisation of the bank,[9] and subsequently led to the Islamic Bank of Britain becoming available to the public. Registered Office: Edgbaston House, 3 Duchess Place, Hagley Road, Birmingham, B16 8NH Islamic Bank of Britain plc is authorised and regulated by the Financial Services Authority under Registration No. [1] It is the first British bank claiming to operate, in its entirety, according to Islamic principles. Wednesday, 29 Feb 2012 | Volume9.Issue08. Anyway i like to tell you little about me, My name is Louise Alexandre, Single and i am 32 years old. Ismail Jeilani. Don’t worry if you've not yet registered for the Mobile Banking app. Home People People by status Living people S Sultan Choudhury. It's all part of the Pearson service. Indeed, the core dichotomy expected between an Islamic bank and a conventional bank in relation to Islamic ethics was not clearly shown. [3], From July 1994, Choudhury worked in Assurance and Advisory Practice at Deloitte & Touche. UK Islamic finance sector holds an estimated £15 billion ($19 billion) of assets, experts said. Faith is an important factor for the bank, and accordingly branches briefly close on Friday afternoons to allow the staff to attend Jummah (Friday) prayers. LEARN MORE . Piers Roberts. AAOIFI- World Bank Conference November 2014- Session 1 - Duration: 1:18:37. Introduction to Islamic Banking and Finance is supported by a detailed, easy to use Instructor Manual, powerful Test Bank Generator and dynamic PowerPoint Slides. Junaid Ahmed,president & CEO,Dubai Islamic Bank Pakistan. Al Rayan Bank PLC (formerly known as Islamic Bank of Britain) is a commercial bank in the United Kingdom, established in August 2004 to offer Sharia compliant financial service products to customers of any faith. This is to avoid mistake from your part. The bank has two branches in London, and a branch in Birmingham. Sultan Ahmed Choudhury, OBE is an English banker, chartered accountant and was the Chief Executive Officer of Al Rayan Bank. He left the bank in April 2019. LEARN MORE . Islamic Bank of Britain plc (IBB), (www.islamic-bank.com), the UK’s only wholly Sharia compliant retail bank, today announced the promotion of Matthew Glover to the newly created positon of Head of IT & Change. Al Rayan Bank PLC Formerly Islamic Bank of Britain Sultan Choudhury, Chief Executive Officer and Director Address PO Box 12461 Birmingham B16 6AQ United Kingdom In 2016, the Al Rayan Bank was named as the third fastest growing bank in the UK by 'Bank League Tables 2017',[12] a complete financial analysis of all 155 UK incorporated banks, published by Searchline Publishing. [10][11], Chartered Institute for Securities & Investment, Officer of the Order of the British Empire, "Sultan Choudhury, Islamic Bank of BritainBack to Speakers", "An Interview with Sultan Choudhury, Islamic Bank of Britain", "Interview with Sultan Choudhury, Managing Director, Islamic Bank of Britain", "Birmingham CEO Named in Muslim Power 100", "The Times publishes apology to Sultan Choudhury OBE and agrees to pay damages", "Queen's Birthday Honours 2017: Full list of great and the good awarded for services to their country", An Interview with Sultan Choudhury, Islamic Bank of Britain, https://en.wikipedia.org/w/index.php?title=Sultan_Choudhury&oldid=998170183, Officers of the Order of the British Empire, Pages containing London Gazette template with parameter supp set to y, Articles containing Bengali-language text, Creative Commons Attribution-ShareAlike License, This page was last edited on 4 January 2021, at 04:09. Mr Glover’s remit is to manage the Bank’s transformation programme as it … [3] In 2014, he was appointed CEO. I am so busy with my work, The bank and its accounting/auditing. Meet The Head Imran Pasha,head of retail,Islamic Bank of Britain. Remember i told you i am the Chief Auditor of my bank and also the Chief of the International Relation Foreign Remittance Unit. I was born in Belgium, But i left Belgium at Age of 12 years. Al Rayan Bank is a Living Wage employer and has been awarded the Investors in People Standard. In 2020, The Times issued an apology, amended its article and agreed to pay Choudhury damages and legal costs. On 16 January 2014, IBB confirmed that its new parent company was Masraf Al Rayan, one of the largest Islamic banks in the world.[10]. Over RM15,000,000 worth of prizes to be won. To The Chief Executive Officer and Director Al Rayan Bank PLC Formerly Islamic Bank of Britain Al Rayan Bank PLC Formerly Islamic Bank of Britain Sultan Choudhury, Chief Executive Officer and Director Address PO Box 12461 Birmingham B16 6AQ, UK. A new way to manage your accounts online. Prior to my position here at my bank, i have the opportunity to loot out some amount of money of a deceased customer, whose autopsy result showed that he died as a result of gun shorts by unknown gunmen. Sultan Ahmed Choudhury, OBE (Bengali: সুলতান আহমেদ লতিফ) is an English banker, chartered accountant and was the Chief Executive Officer of Al Rayan Bank[1] (formerly Islamic Bank of Britain). [9], Choudhury was appointed Officer of the Order of the British Empire (OBE) in the 2017 Birthday Honours for services to the UK market for Islamic finance. 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