Tagged: al rayan bank

Update: Al Rayan Bank Provides Comment on Digital Banking Transition

Yesterday, Crowdfund Insider covered the transition by Al Rayan Bank to an app-based banking platform. Today, the Bank has provided additional information on this transition. According to company representatives: “Customers need to register for the Mobile Banking app by 4th March to ensure uninterrupted digital banking,… Read More

UK-based Al Rayan, a Shariah-Compliant Bank, to Close Down Online Banking Platform, Services Will Only be Available via Bank’s App

UK-based Al Rayan, a Sharia-compliant bank, has decided to close down its online banking service by February 26, 2020. The move will now force its clients to switch over to the bank’s app-only financial services with only a short six days notice period. Al Rayan’s… Read More

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