Tagged: al rayan bank

Update: Al Rayan Bank Provides Comment on Digital Banking Transition

February 24, 2020 @ 3:07 pm By JD Alois |

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

Read more in: Global, Fintech | Tagged al rayan bank, banking, digital bank, uk, united kingdom

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

February 23, 2020 @ 7:09 am By Omar Faridi |

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