By John Glenday

Islamic Bank of Britain, the UK’s sole Sharia compliant retail bank, has announced that it is to rebrand as Al Rayan Bank subject to shareholder approval.

Should this be forthcoming the switch will be completed by December, marking IBB’s recent acquisition by Qatar’s Masraf Al Rayan, the fifth largest Islamic bank in the world.

Founded just a decade ago the bank is keen to strengthen its product offering to a broader range of customers and will sport a new-look logo and corporate identity across its suite of branches, website, literature and other materials.

Sultan Choudhury, CEO of IBB said, “IBB has pioneered Read full story ›

Source: The Drum