Fact Sheet
Overview
Masraf Al Rayan (QPSC) (“Bank”) was incorporated as a Qatari Shareholding Company under the Qatar Commercial Company Law, on 4th January 2006, and licensed by Qatar Central Bank.
As per its Articles of Association; Masraf Al Rayan is engaged in banking, financing and investing activities in conformity with the principles of Islamic Sharia Laws. Headquartered in Doha, with a fully paid-up capital of QAR 9.3 bn (USD 2.6 bn), Masraf Al Rayan started operations in October 2006.
Masraf Al Rayan is structured into three main business divisions: Retail Banking offers a variety of products and services such as current and saving accounts, time deposit accounts, financing, credit cards; Wholesale Banking offers products and services such as corporate finance & advisory services, financing products, cash management, treasury, trade finance and products and services designed to meet the needs of small and medium enterprises, and Private Banking which offers tailored solutions in the areas of investment planning & asset management, wealth management, credit planning and management.
Masraf Al Rayan has long embraced a strategy to match up new products and services adopting international best practices relying fully on modern technologies, such as Al Rayan online banking, Al Rayan mobile and Al Rayan phone. In addition to providing customers with the experience and convenience through the provision of full banking services, through its 17 branches (including Head Office) backed by a network of 101 ATMs distributed throughout Qatar, all enhanced in harmony with business needs and demographic expansion.
Vision
The leading Islamic bank and partner of choice for clients, investors, and employees alike
Mission
To provide quality banking experiences to our clients, centered around meeting their needs through upscale and innovative offerings and talented and empowered employees
LEAD Strategy
LEAD SETS A CLEAR VISION AND MISSION FOR MASRAF AL RAYAN, THIS VISION HAS BEEN TRANSLATED INTO TANGIBLE OBJECTIVES ACROSS EACH PILLAR
Leaders in customer centricity • Trusted financial partner to our clients, especially in Corporate and Private • Best-in-Qatar Client experience • Optimized Customer Journey and differentiated propositions/products • Preferred bank for Premier segment
Execution excellence • Market leading banking digital app • Seamless process and simplification
Accelerated disciplined growth • Market Leading ROE by 2027
Drive towards one-bank goals • Top-3 banking employer of choice in Qatar • Ability to attract and retain best talent • Bank-wide performance-driven culture • Consistent increase in employee satisfaction