Al Rayan Bank is the UK’s oldest and largest Sharia-compliant retail bank. Al Rayan Bank has been pioneering British Islamic banking since 2004.

By solely focusing on banking activities which are in keeping with the ethical values of Islam, Al Rayan Bank can make a significant and lasting difference to customers throughout the UK, helping them to save for their families’ futures, expand their businesses or buy their own homes, without compromising their beliefs.

With a strategically located branch and office network throughout the UK, a highly-trained contact centre, secure mobile banking services and 24 hours automated telephone banking, Al Rayan Bank provides Sharia-compliant savings, finance and current account services to over 90,000 personal, business and premier customers. Al Rayan Bank is the only Islamic bank in the UK to receive a public rating. The Bank has an Aa2 rating from Moody’s Investors Service (Moody’s), one of the leading global rating agencies.

Due to the superiority of blockchain technology, Al Rayan Bank PLC decided to cooperate with My Cloud FX, a pioneer company specializing in blockchain technology to deploy applications:

  • Verify identity KYC
  • Transfers
  • Pay
  • Saving and investing
  • Mortgage
  • Insurance and pension

And many other applications are being studied for deployment.

With the desire to strongly develop blockchain technology and related applications, My Cloud FX has officially issued CFX preferred shares to investors worldwide from June 1, 2020. CFX share will be listed on some stock exchanges and will be sold within 3 years. Then, it will be listed on the Nasdaq, London, NYSE stock exchanges.

Contact Info:
Name: Bharat Prasad
Email: Send Email
Organization: My Cloud Solutions Limited